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Guinea-Bissau: the IMF disburses $20 million and calls on the State to maintain investment in healthcare - P4H Network

Guinea-Bissau: the IMF disburses $20 million and calls on the State to maintain investment in healthcare

Guinea-Bissau will benefit from $20.4 million in financing  from the International Monetary Fund (IMF). This was announced in a press release published on January 25, 2021.

The new financing has been granted as part of a rapid credit facility (RCF), the aim of which is to help the government meet urgent budgetary and balance of payments needs arising from the covid-19 pandemic. It will also meet the need for increased spending on health, social protection and investment to support Guinea-Bissau’s economic recovery.

To emerge from this crisis while improving the economy’s resilience to future shocks, the institution is calling on the Guinea-Bissau authorities to improve their health investments.

Source Agence Ecofin.

 

Reference
26 Mar 2021