Two Caribbean Nations Gain IMF Funding

The International Monetary Fund offered USD5.7 million in crisis aid to

. The worldwide economic slump prompted decreases in the island nation's tourism and construction sectors. Meanwhile,

s obtained USD3.4 million in urgent natural disaster aid from the fund. The funding will be used to improve the balance of payments of the hurricane-ravaged nation.

About the author

  • Dsc05567

    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.