IMF reaches staff-level deal for Liberia on $209 million new credit facility

WASHINGTON (Reuters) – The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement on Monday.

The arrangement is subject to approval by the IMF Executive Board, the IMF said, adding the board discussion is scheduled for Sept. 25.

(Reporting by Kanishka Singh in Washington; Editing by Chris Reese)