COVID-19: IMF approves $487.5m aid to Angola

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The International Monetary Funds executive board announced Monday it had approved the disbursement of $487.5 million to Angola, which is suffering from low oil prices due to the coronavirus pandemic. The financial aid is part of a three-year agreement for about $3.7 billion (the value at the time) that was approved on December 7, 2018



Source: Punch Newspaper