IMF Reaches Staff Level Agreement with Côte d’Ivoire on the Fourth Review of the EFF/ECF Arrangements and Third Review of the RSF Arrangement

IMF staff and the Ivoirian authorities have reached a staff-level agreement on the fourth review of Côte d’Ivoire’s economic reform program supported by the EFF and ECF arrangements, and the third review of their climate resilience reforms supported by the RSF arrangement.

IMF Executive Board Approves New Two-Year US$4.5 Billion Flexible Credit Line Arrangement for Morocco

The Executive Board of the International Monetary Fund (IMF) approved today a new successor two-year arrangement for Morocco under the Flexible Credit Line (FCL) in an amount equivalent to SDR 3.45 billion (about US$ 4.5 billion, equivalent to 386 percent of quota), and noted the cancelation by Morocco of the previous FCL arrangement. The Moroccan authorities stated their intention to treat the new arrangement as precautionary.