Home Business IMF grants Senegal credit extension until January 2023 for reviews

IMF grants Senegal credit extension until January 2023 for reviews

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The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo

The International Monetary Fund’s board has approved Senegal’s request for a credit extension to tenth January 2023, to allow time to complete credit and policy reviews.

The request, approved on fifteenth November, concerns an eighteen-month Stand-By Arrangement and Arrangement Under the Standby Credit Facility, SBA/SCF.

The SBA/SCF was approved in June 2021 with special drawing rights access of four hundred and fifty-three million.

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