Costa Rica receives first loan under IMF’s green programme
Country is “excellent candidate” for Resilience and Sustainability Facility, says IMF official
Costa Rica has become the first country to receive credit under the International Monetary Fund’s new Resilience and Sustainability Facility (RSF).
The IMF executive board approved a loan of 554.1 million special drawing rights ($726.7 million) on November 14. Three other countries – Bangladesh, Barbados and Rwanda – have signed preliminary agreements with the IMF for RSF deals.
Manuela Goretti, the IMF mission chief for Costa Rica, said the country was “an excellent candidate to pilot the RSF
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