Kyrgyzstan

The International Monetary Fund (IMF) said Nov. 3 it has reached an agreement in principle to lend Kyrgyzstan at least USD 60 million to deal with rising food and fuel prices. The IMF’s Executive Board is expected to vote on the 18-month arrangement under the Fund’s revamped Exogenous Shocks Facility early next month, it said in a release. (The Wall Street Journal)