IMF approves $86.9 million extended fund facility for Mauritania

FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo

DAKAR (Reuters) - The International Monetary Fund (IMF) has approved a $86.9 million extended fund facility for Mauritania, it said in a statement on Wednesday.

The Executive Board decision enables an immediate disbursement of $21.7 millions, the statement said.