The International Monetary Fund (IMF) plans to extend financial assistance to Guinea-Bissau.
Indeed, the Bretton Woods Institution approved this Tuesday, June 5 in Washington, the fifth evaluation of the program of support to the country.
“The completion of the review will enable the provision of $ 4.3 million, bringing total disbursements to $ 24.2 million,” the IMF said in a statement.
Thus, the institution extends its financial assistance to Bissau until July 2019, eight months after the legislative elections scheduled this year.
“The extension of this program for another year will help anchor macroeconomic stability in the next election period, support revenue-focused reforms and address the lack of critical infrastructure, as well as help to meet needs. balance of payments, “she says.
