International Monetary Fund (IMF) Approves US$491.5 Million Disbursement to Uganda to Address the COVID-19 Pandemic
The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of SDR361 million (about US$491.5 million or 100 percent of quota) for Uganda under the Rapid Credit Facility (RCF). It will help finance the health, social protection and macroeconomic stabilization measures, meet the urgent balance-of-payments and fiscal needs arising from the COVID-19 outbreak and catalyze additional support from the international community. The Ugandan … Continue reading International Monetary Fund (IMF) Approves US$491.5 Million Disbursement to Uganda to Address the COVID-19 Pandemic
