Coronavirus – Djibouti: IMF Executive Board Approves a US$ 43.4 Million Disbursement to Djibouti Under the Rapid Credit Facility and Debt Relief Under the Catastrophe Containment and Relief Trust to Address the COVID-19 Pandemic

The IMF Executive Board approved a US$ 43.4 million loan to Djibouti to support the authorities’ response to the COVID-19 crisis, as well as debt relief under the CCRT, which will generate additional resources of US$ 2.3 million over the next five months, and potentially up to US$ 8.2 million over the next 23 months; […]

The IMF Executive Board approved a US$ 43.4 million loan to Djibouti to support the authorities’ response to the COVID-19 crisis, as well as debt relief under the CCRT, ...

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