Wednesday, December 6

IMF executive board approves $638 million for Benin

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DAKAR — The International Monetary Fund’s

(IMF) executive board has approved a $638 million extended fund

and extended credit facility for Benin under a 42-month

arrangement to help the West African nation address pressing

financing needs, the IMF said in a statement late on Friday.

(Reporting by Bate Felix;

Editing by Alison Williams)