IMF approves 2-year $4.5 billion flexible credit line arrangement for Morocco
ReutersApr 3, 2025 1:53 AM
WASHINGTON, April 2 (Reuters) - The International Monetary Fund approved a new two-year $4.5 billion flexible credit line arrangement for Morocco on Wednesday, the IMF said in a statement.
"In a highly uncertain environment, the arrangement will enhance Morocco’s external buffers and provide insurance against downside risks. The authorities intend to treat the new arrangement as precautionary," the IMF said.
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