Arab Today, arab today imf agrees on 750mn loan to jamaica
Last Updated : GMT 08:53:10
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IMF agrees on 750 $ mn loan to Jamaica

Arab Today, arab today

Arab Today, arab today IMF agrees on 750 $ mn loan to Jamaica

Washington - Agencies

The International Monetary Fund announced Friday it had reached an agreement with Jamaica for a fresh $750 million loan, after the Caribbean country launched a crucial debt swap earlier this week. \"The mission has reached a staff-level agreement with the Jamaican authorities on the key elements of an economic program that can be supported by a 48-month arrangement under the Extended Fund Facility,\" the IMF said in a statement.

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