IMF Approves US$118.1 Million Credit Facility for Mauritania
2010-03-16 08:45 -The Executive Board of the International Monetary Fund (IMF) today approved a three-year arrangement totaling SDR 77.28 million (about US$118.1 million) for the Islamic Republic of Mauritania under the Extended Credit Facility (ECF). The approval makes an amount equivalent to SDR 11.04 million (about US$16.9 million) immediately available, with the remainder available in installments subject to semiannual reviews.