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Nepal has reached a staff-level agreement with the International Monetary Fund (IMF) on the seventh and final review of the Extended Credit Facility (ECF) program. According to the IMF, the agreement was reached during a visit to Kathmandu from February 6 to 20 by a mission led by Nepal Mission Chief Sarwat Jahan. Once approved by the IMF Executive Board, Nepal will gain access to approximately USD 43.2 million (around NPR 6 billion) in financing.
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