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Barbados wins first loan deal from IMF climate change fund
Barbados wins first loan deal from IMF climate change fund
by  AFP

Barbados on Tuesday became the first country to secure agreement on a financing package under a new IMF fund aimed at helping low-income countries tackle the impacts of climate change. The IMF aims to mobilize $45 billion for the RST with contributions from member governments and provide 20-year loans available to about 140 low- and middle-income nations eligible for the funding. hs/sw

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