Tag: COVID-19 Funding Support
IMF extends its emergency funding by 18 months due to COVID-19
The International Monetary Fund (IMF) has extended its flexible access to emergency funding for an additional 18 months to help countries that are severely...
Global COVID-19 Fundraising; Celebrity backed event raised $6.9bn in 24 Hours
A star-studded, global fundraising meeting yesterday raised $6.9 billion from the European Commission, the United States and close to 40 other nations to fight...
Saudi Arabia supports COVID-19 hit SMEs with $1 billion relief package
Saudi Arabia's financial division, Saudi Industrial Development Fund has allotted a $1 billion stimulus package to revive more than 500 struggling small and medium-sized...
IMF agrees in-principle to help Egypt with a $5.2 billion standby...
The International Monetary Fund has reached in a staff-level accord with Egypt for a $5.2 billion standby loan with a validity of 1-year which...
Arab Monetary Fund helps Tunisia and Morocco with loans above $300...
The Arab Monetary Fund granted new loan deals worth $211 million and $98 million to Morocco and Tunisia to help their reform programs during...