IMF extends food shock window despite low demand
Fund postpones end to looser caps on emergency credit
The International Monetary Fund approved an extension of its “food shock window” programme for another six months, to the end of March 2024. The fund’s board approved the extension despite making few loans from the facility.
The IMF board also decided to maintain increased ceilings for its two emergency lending channels, the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI).
The IMF approved the food shock window in September 2022, initially for a year. The facility aims to
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