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The Nexus
BUSINESSJun 10 · 12:41 UTCSEMAFORAlexander Onukwue

Rwanda secures $250M IMF credit facility

The International Monetary Fund approved a $250 million credit facility for Rwanda to address economic challenges linked to a prolonged Middle East conflict. The 38-month program aims to help Rwanda adapt to tighter global financing conditions while maintaining growth, as the country faces 13% inflation despite 9.4% economic growth in the previous year.

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