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HomeAfricaUganda and IMF reach $240 million agreement in financing

Balanced News: Uganda and IMF reach $240 million agreement in financing

Our 'quick read' news summary

Uganda and the International Monetary Fund have reached an agreement for 240 million US dollars in financing. The Extended Credit Facility (ECF) provides financial assistance to countries with protracted balance of payments problems. The funds will bring the total IMF financial support under the ECF-financed program to about US$ 625 million.

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