COVID-19: IMF TO LOAN MALDIVES $28.9 MILLION

– Under Rapid Credit Facility (RCF) scheme, the Executive Board of International Monetary Fund (IMF) has decided to loan the Maldives USD 28.9 million (MVR 445.6 million) as relief to the COVID-19 situation.
– International Monetary Fund (IMF) has decided to aid 30 member countries, including the Maldives.