June 26, 2017 / 6:35 PM / 2 months ago

IMF board approves three-year, $666 mln programme for Cameroon

ABIDJAN, June 26 (Reuters) - The International Monetary Fund's Executive Board on Monday approved a $666 million, three-year extended credit facility for Cameroon to support economic and financial reforms, an IMF statement said.

The move allows for the immediate disbursement of $171 million aimed at helping the central African nation confront the twin shocks of low oil prices and security threats, the IMF said. (Reporting by Joe Bavier; editing by Mark Heinrich)

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