IMF reaches staff-level agreement set to unlock $441 million for Tanzania

WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it had reached staff-level agreement with Tanzanian authorities that, once approved, would give the East African nation access to some $441 million in financing.

The agreement was reached on a fifth review under its Extended Credit Facility (ECF) and a second review under its Resilience and Sustainability Facility (RSF), the IMF said.

(Reporting by Brendan O’Brien and Sarah Morland; Editing by Katharine Jackson)

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