The International Monetary Fund, a multilateral
lending institution, approved a US$1.13 billion standby lending facility
for Uruguay to boost its economy.
THE INTERNATIONAL MONETARY FUND, a multilateral lending
institution, approved a US$1.13 billion standby lending facility for
Uruguay to boost its economy. The country also obtained $975 million in
loans for the same purpose from the World Bank, another multilateral
lending organization.
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