IMF and Seychelles reach over $100 million staff-level agreement – statement

JOHANNESBURG (Reuters) – The International Monetary Fund said on Wednesday it had reached a staff-level agreement with the Seychelles on programmes that amount to over $100 million.

Under the agreement, which is subject to IMF board approval, the Seychelles will have access to about $56.96 million under an Extended Fund Facility (EFF) arrangement and about $46.19 million under the Resilience Sustainability Fund (RSF) program, the IMF said in a statement.

(Reporting by Bhargav Acharya; Editing by Estelle Shirbon)

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