VOL. XXXIII
NO. 39
2-JULY-1990
Financial and Banking News
Loans & Issues
Morocco Close to IMF Standby Accord
The International Monetary Fund (IMF) has agreed in principle to extend$130mn to Morocco over nine months in the form of an interim standby agreement.The facility, which is expected to receive final approval from the IMF at theend of August, succeeds a previous standby agreement which expired at the end of1989. Morocco is also negotiating for an extended fund facility (EFF) which is...
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