IMF approves disbursement of $6.72 million to The Gambia to help country address ‘repercussions’ of war in Ukraine and support ‘post-pandemic recovery’. The money is part of an extended loan granted in 2020

Simon Ateba( Chief White House Correspondent )

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The Executive Board of the International Monetary Fund (IMF) on Friday completed the fourth review under the Extended Credit Facility (ECF) arrangement for The Gambia, and approved an immediate disbursement of about US$ 6.72 million to the country to help meet its “financing needs, address the repercussions of the war in Ukraine, and support the post-pandemic recovery.”