International Monetary Fund Approves $3.5bn Loan Deal with Ivory Coast 

The International Monetary Fund (IMF) has approved a $3.5bn loan agreement with Ivory Coast, which it says is designed to tackle financial challenges and assist economic transformation. <br />The West African country will receive nearly $500m immediately. Further funds will be dependent on Ivory Coast making structural changes to its economy. <br />The IMF says the loan will help the country tackle the triple shocks of the Covid pandemic, global monetary tightening and Russia's invasion of Ukraine. <br /><br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>