IMF completes review of Benin loan program, disburses $144 million

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The executive board of the International Monetary Fund on Wednesday said it had completed the first review under a 42-month financing program for Benin, giving the West African nation immediate access to about $144 million.

"The program is off to a strong start, with all end-June 2022 performance criteria and indicative targets met and all structural benchmarks implemented," the global lender said in a statement.

Source(s): Reuters