IMF approves $189.5 million for Tajikistan to address COVID-19 pandemic
- Written by TCA
DUSHANBE (TCA) — The Executive Board of the International Monetary Fund (IMF) has approved a disbursement to Tajikistan of US $189.5 million under the Rapid Credit Facility (RCF). These funds will help meet the urgent balance of payments and fiscal financing needs stemming from the outbreak of the COVID-19 pandemic and will help prevent severe economic and human disruption and preserve fiscal space for essential COVID-19-related health and social expenditure, the IMF said on May 6.