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IMF Approves $211 Million Climate Loan for Sierra Leone
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IMF Approves $211 Million Climate Loan for Sierra Leone
The International Monetary Fund’s board on Thursday approved a $211 million loan to support Sierra Leone‘s efforts to build resilience to the effects of climate change, adding to an existing $265.2 million program. The Resilience and Sustainability Facility (RSF) funds “will promote balance of payments stability,” said Kenji Okamura, deputy managing director at the IMF. The funds will have “a focus on climate-sensitive public investment manageme…
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