Islamic Republic of Mauritania: Request for an Extension of the Extended Credit Facility Arrangement-Staff Report

December 11, 2020

Preview Citation

Format: Chicago

Islamic Republic of Mauritania: Request for an Extension of the Extended Credit Facility Arrangement-Staff Report, (USA: International Monetary Fund, 2020) accessed November 17, 2024

Summary

The authorities have requested a three-month extension of the Extended Credit Facility (ECF) arrangement set to expire on December 5, 2020. The three-year arrangement was approved by the Executive Board on December 6, 2017 with access of SDR 115.92 million (90 percent of quota); additional access of SDR 20.24 million (about 15.7 percent of quota) was approved on September 2, 2020. On April 23, 2020, the Board also approved the disbursement of SDR 95.68 million (about 74.3 percent of quota) under the Rapid Credit Facility to address urgent balance of payment needs due to the COVID-19 pandemic.

Subject: Health, International organization, Monetary policy

Keywords: COVID-19, Disbursement of SDR, ECF arrangement, Priority program, Program discussion, Program objective

Publication Details

Pages:

3
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2020/315
Stock No:

1MRTEA2020003
ISBN:

9781513563732
ISSN:

1934-7685

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