IMF Completes Review Arrangement for Greece and Approves €4.1 Billion Disbursement
2011-03-14 23:21 -The Executive Board of the International Monetary Fund (IMF) today completed the third review of Greece’s economic performance under a program supported by a three-year Stand-By Arrangement (SBA) for Greece. The completion of the review enables the immediate disbursement of an amount equivalent to SDR 3.6 billion (about €4.1 billion), bringing total Fund disbursements under the SBA to an amount equivalent to SDR 12.725 billion (about €14.6 billion).