Papua New Guinea, IMF reach staff-level deal to release $265 million for climate change
By Reuters
October 9, 2024 at 12:00:01 PM
WASHINGTON (Reuters) - Papua New Guinea authorities and the International Monetary Fund team have reached a staff-level agreement for access of about $265 million to improve resilience to climate change, the IMF said in a statement on Tuesday.
The IMF said its executive board will consider the request in the coming weeks.
(Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)
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