The International Monetary Fund (IMF) has approved $148 million to help Guinea address the challenges posed by COVID-19.
The amount was approved under the Rapid Credit Facility (RCF).
"Worsening global conditions and a rapidly spreading local outbreak have deteriorated Guinea's short-term growth prospects and hindered mining exports and tax revenues," the IMF said in a statement.
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Aldar, Dubai Holding announce next phase of strategic partnership
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UAE, US sign framework to secure critical mineral supply chains
The UAE and the US have signed a framework on critical mineral supply chains, with plans to finance projects in each country in the next six months.
