April 6, 2016/Ministry of Finance, Republic of Angola The Government of Angola is aware that the high reliance on the oil sector represents a vulnerability to the public finances and the economy more broadly. The sustained efforts over many years to promote economic diversification have already resulted in a significant […]
Tag: Extended Fund Facility
Lagarde Hails Cyprus on Financial Stability, Approves $113.1 Million Facility
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Monday commended Cyprus on steps taken to ensure financial stability of the country and approved the disbursement of about €84.7 million, or US$113.1 million extended fund facility (EFF). This is coming […]