Posted by: mulrickillion | October 24, 2011

Press Release: IMF Executive Board Completes Seventh and Final Review of Nicaragua’s Extended Credit Facility and Approves US$8.74 Million Disbursement

Press Release No. 11/377
October 21, 2011

The Executive Board of the International Monetary Fund (IMF) today completed the seventh and final review of Nicaragua’s economic performance under its Extended Credit Facility (ECF) arrangement, and the financing assurances review. Completion of the review allows for the final disbursement to Nicaragua of an amount equivalent to SDR 5.55 million (about US$8.74 million). Total disbursements so far had been of SDR 72.45 million (about US$114.1 million). . . .

Press Release: IMF Executive Board Completes Seventh and Final Review of Nicaragua’s Extended Credit Facility and Approves US$8.74 Million Disbursement

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