Georgieva backs flexible credit line for Morocco
Worldwide Financial Fund managing director Kristalina Georgieva has backed a request by Morocco for a $5 billion versatile credit score line (FCL).
“Contemplating Morocco’s very sturdy coverage frameworks and observe report”, Georgieva intends to “advocate approval of the FCL association” when the IMF govt board subsequent meets. The board held a casual dialogue on Morocco’s request on March 6.
The FCL is obtainable to international locations deemed to have sturdy coverage frameworks, and could be tapped with out the
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