Govt, IMF reach staff-level deal to unlock $1.3bn in new climate resilience funding
The federal government has reached a deal with the International Monetary Fund (IMF) for a new $1.3 billion arrangement and also agreed on the first review of the ongoing 37-month bailout programme, the Fund said on Tuesday. Pending board approval, the government can unlock the $1.3bn under a new climate resilience loan programme spanning 28 months. It will also free $1bn for the country under … Continue reading Govt, IMF reach staff-level deal to unlock $1.3bn in new climate resilience funding
