from Reuters
WASHINGTON (Reuters) - The International Monetary Fund's executive board approved about $8.2 million for Zambia after completing the fourth review of the African country's three-year Poverty Reduction and Growth Facility, the IMF said on Wednesday.
PRGF loans carry an annual interest rate of 0.5 percent and are repayable over 10 years with a 5-1/2 year grace period on principle payments.
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