IMF Executive Board approves two-year US$5.0 bn flexible credit line arrangement for Morocco

WASHINGTON, D.C., 4th April, 2023 (WAM) -- The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement for Morocco under the Flexible Credit Line (FCL). The approved amount is equivalent to SDR 3.7262 billion (about US$ 5.0 billion, representing 417 percent of quota).

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