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IMF approves US$48.7 million disbursement to Barbados

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The Executive Board of the International Monetary Fund has completed its first review under the Extended Fund Facility for Barbados and approved a 48.7 US million dollar disbursement.

The IMF said in a release that the approval was made yesterday.

This latest disbursement brings the total disbursements to about 97.40 million US dollars.

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