Monday, June 18, 2007

IMF endorses Mozambique policies with new programme

(Reuters) - The International Monetary Fund on Monday approved Mozambique's graduation to an IMF programme designed to monitor a country's policies but involves no loans.

The IMF also agreed to disburse $2.4 million to the southern African nation, the sixth and final tranche under a 2004 IMF loan agreement that now expires.


Read more at Reuters Africa

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