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Current Feed ContentAFRICA: IMF steps into food crisisThe International Monetary Fund (IMF) is augmenting an existing facility and reshaping a second to help countries worst hit by the food and fuel price crisis, especially in sub-Saharan Africa. The Fund has already increased low-interest loans under existing arrangements with Benin, Burkina Faso, Kyrgyz Republic, Central African Republic, Haiti and Madagascar under its Poverty Reduction and Growth Facility (PRGF) to provide balance of payment and budget support, opened new PRGF arrangements... |
