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  • 7 hours ago
IMF approves new $266 million funding deal for Liberia

The International Monetary Fund has approved 266 million US dollars for Liberia under a new 21-month Resilience and Sustainability Facility, aimed at helping the country strengthen its economy against climate-related shocks.

READ MORE : http://www.africanews.com/2026/04/28/imf-approves-new-266-million-funding-deal-for-liberia

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Transcript
00:00The International Monetary Fund has approved $266 million for Liberia
00:05under a new 21-month resilience and sustainability facility
00:10aimed at helping the country strengthen its economy against climate-related shocks.
00:15The IMF also completed a third review of Liberia's extended credit facility program,
00:20unlocking an immediate disbursement of $26.49 million
00:25that brings total disbursement under the program to nearly $106 million.
00:31Liberia's economy grew by 5.1% in 2025, driven largely by mining,
00:38and the IMF says growth is expected to remain strong
00:41despite worsening global conditions and rising uncertainty.
00:46The funds say Liberia has made progress on reforms and restored fiscal sustainability,
00:52but further warns that risks remain, including high oil prices and reduced bilateral assistance.
00:59Key priorities going forward include boosting domestic revenue,
01:03improving infrastructure, restructuring the weak banks,
01:06strengthening financial regulations, and tackling governance challenges.
01:10The IMF says a new facility will also support Liberia's climate adaptation ethos,
01:15help mobilize external financing.
01:17They really do not know about Brazil, risk of dominating the crisis.
01:17with my backs where we can't support the energy declaring
01:17California Associated cuestión
01:18Buenos Aires
01:18California
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