IMF, S. Sudan sign agreement for $112.7m in emergency funds ...Sudan

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IMF, S. Sudan sign agreement for $112.7m in emergency funds
source : sudantribune ( Sudan ) () 33
November 23, 2022 (WASHINGTON) – The International Monetary Fund (IMF) and South Sudan have reached a staff-level agreement for the release of about $112.7m in emergency financing. This was reached during a meeting between the IMF team led by Niko Hobdari during a visit to South Sudan from November 7 to November 17, 2022. The team held discussions with the authorities on an existing Staff-Monitored Program (SMP) and on the authorities’ request for access to emergency financing through the new Food Shock Window of the Rapid Credit Facility (RCF) to address urgent balance of payments needs. The IMF team also discussed South Sudan’s request for a 9-month Program Monitoring with Board Involveme

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