IMF Earmarks Funds for Dominican Republic

The International Monetary Fund has approved a

to help the Dominican Republic cope with the effects of the global downturn. The agreement is expected to boost confidence in the country's policy framework and encourage additional funding from other multilateral organizations.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.