The International Monetary Fund (IMF) has approved $148 million to help Guinea address the challenges posed by COVID-19.
The amount was approved under the Rapid Credit Facility (RCF).
"Worsening global conditions and a rapidly spreading local outbreak have deteriorated Guinea's short-term growth prospects and hindered mining exports and tax revenues," the IMF said in a statement.


DP World attracts over AED 854 million in investments at Jafza
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO
Dubai Holding announces Microsoft collaboration ahead of major AI shift
Abu Dhabi Ports Group awarded AED735 million container terminal contracts
