Washington, DC: The Executive Board of the International Monetary Fund approved the Nigerien authorities' request for an extension of the country's Resilience and Sustainability Facility (RSF) Arrangement until March 4, 2026, to align the last RSF review Executive Board consideration with the review of the concurrent arrangement supported by the Extended Credit Facility.
The two-year RSF arrangement was approved by the IMF's Executive Board on July 05, 2023, with access of SDR 98.7 million (about US$131.5 million or 75 percent of quota) (see Press Release no 23/256).
The Executive Board's decision was taken on a lapse-of-time basis. [1]
[1] The Executive Board takes decisions under its lapse-of-time procedure when a proposal can be considered without convening formal discussions.
