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International Monetary Fund Declares Panama Ineligible For New Loans

ISSN:1089-1560
LADB Article ID: 072499
Category/Department: General
Date: Wednesday, July 5, 1989
By: Deborah Tyroler

On July 3, the executive board of the International Monetary Fund declared Panama ineligible for new loans. Panama is some $161.6 million in arrears with the IMF. Arrears to the World Bank total more than $11 million. Panama's foreign debt total...

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