Guinea-Bissau: IMF to continue financial assistance until 2019

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.


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