IMF, South Sudan reach agreement for $112.7 million emergency financing


Reuters | Nairobi | Updated: 22-11-2022 11:51 IST | Created: 22-11-2022 11:42 IST
 IMF, South Sudan reach agreement for $112.7 million emergency financing
Representative Image Image Credit: ANI
  • Country:
  • Kenya

The International Monetary Fund and South Sudan have reached a staff-level agreement for the release of about $112.7 million in emergency financing, the fund said in a statement on Tuesday.

"This emergency financing under the new Food Shock Window will help South Sudan address food insecurity, support social spending, and boost international reserves," the IMF said. 

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