The approval had been expected since IMF Managing Director Kristalina Georgieva backed the plan earlier this month due to Chile's "very strong fundamentals" and track record
WASHINGTON: The International Monetary Fund said late on Friday its executive board approved a $23.9 billion flexible credit line to bolster the commodity exporter's finances as it a battles the coronavirus pandemic and deals with a severe drop in demand.
The approval had been expected since IMF Managing Director Kristalina Georgieva backed the plan earlier this month due to Chile's "very strong fundamentals" and track record
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