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IMF approves $6.4m disbursement under ECF

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KABUL, approving $6.4 million disbarment.

The board met on Thursday and made the decision on a lapse-of-time basis, a statement from the fund said on Saturday. The ECF arrangement for SDR 32.38 million was approved on July 20, 2016.

The completion enables the release of SDR 4.5 million (about US$6.4 million), bringing total disbursements under the arrangement to SDR 18 million (about US$25.5 million).

In completing the review, the Executive Board also approved the authorities . . .

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