IMF Executive Board Completes the Sixth Review Under the Extended Credit Facility Arrangement for Guinea-Bissau and Approves U.S.$7.3 Million Disbursement

[IMF] Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed today the sixth review under Guinea-Bissau’s Extended Credit Facility (ECF) arrangement. The three-year arrangement, approved on January 30, 2023, aims to secure debt sustainability, improve governance, and reduce corruption while creating fiscal space for inclusive growth. The Executive Board granted an augmentation of access (140 percent of quota or SDR 39.76 million) on November 29, 2023.

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