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Montevideo, April 26th 2024 - 08:35 UTC

Tag: Flexible Credit Line

  • Thursday, May 14th 2020 - 08:15 UTC

    Chile requests IMF US$ 23,8 billion, under the Flexible Credit Line

    IMF Managing Director Kristalina Georgieva intends to recommend approval of the FCL arrangement for Chile

    The International Monetary Fund (IMF) Executive Board met on Wednesday in an informal session to discuss a request from the Chilean authorities for a two-year arrangement under the Flexible Credit Line (FCL) with the IMF in an amount equivalent to SDR 17.443 billion (about US$23.8 billion or 1,000 percent of quota).