IMF Approves US$99 MLN Disbursement under Rapid Financing Instrument ti Mongolia

Ulaanbaatar/MONTSAME/. On June 3, the Executive Board of the International Monetary Fund (IMF) approvedMongolia’s request for emergency financial assistance under the Rapid Financing Instrument (RFI) equivalent toSDR 72.3 million (about US$99 million, or 100 percent of quota) to meet urgent budgetary and balance of payment needs stemming from the outbreak of COVID-19 and to support […]