09-June-2026
Economy News
 
IMF Approves $163 Million in New Funding for Papua New Guinea
09-Jun-2026

The International Monetary Fund's Executive Board approved reviews of Papua New Guinea's lending arrangements, unlocking about $163 million in combined disbursements, the fund said on Monday. • The Extended Fund Facility and Extended Credit Facility arrangements were approved in 2023, to address a protracted balance of payments problem that caused foreign exchange shortages.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-08/imf-approves-163-million-in-new-funding-for-papua-new-guinea
 
 
 

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