WASHINGTON (Reuters) – Papua New Guinea authorities and the International Monetary Fund team have reached a staff-level agreement for access of about $265 million to improve resilience to climate change, the IMF said in a statement on Tuesday. The IMF said its executive board will consider the request in the coming weeks. (Reporting by Kanishka […]
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Papua New Guinea, IMF reach staff-level deal to release $265 million for climate change
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WASHINGTON (Reuters) – Papua New Guinea authorities and the International Monetary Fund team have reached a staff-level agreement for access of about $265 million to improve resilience to climate change, the IMF said in a statement on Tuesday.
The IMF said its executive board will consider the request in the coming weeks.
(Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)