IMF says its board approved $210 million arrangement for Liberia

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board approved an arrangement of about $210 million for Liberia, with an immediate disbursement of about $8 million.

“This support aims to assist the authorities in their reform efforts to address macroeconomic imbalances and establish a foundation for increased private-sector-led growth beyond the natural resource sector,” the IMF said in a statement.

(Reporting by Kanishka Singh in Washington)