WASHINGTON, May 29 — Peru has secured a two-year, US$11 billion (RM48 billion) credit line from the IMF as the South American nation battles the growing impact of the coronavirus pandemic. The Flexible Credit Line, which the IMF announced late yesterday, is a renewable funding mechanism granted...
The Flexible Credit Line, which the IMF announced yesterday, is a renewable funding mechanism granted to countries with strong economic policy track records, and Peru is only the fourth country to receive one. — AFP pic
The Flexible Credit Line, which the IMF announced late yesterday, is a renewable funding mechanism granted to countries with strong economic policy track records, and Peru is only the fourth country to receive one, although Chile also has put in a request.
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