IMF pledges swift release of $350 Mn sixth tranche

The Ministry of Finance convened a high-level donor forum bringing together diplomatic missions, bilateral and multilateral development partners and international lending agencies to assess the aftermath of Cyclone Ditwah and coordinate assistance for national relief, rescue and restoration efforts.

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The meeting, held yesterday, was co-chaired by the Governor of the Central Bank and the Secretary to the Treasury.

The Secretary to the Treasury presented an overview of the extensive damage caused by the cyclone across all sectors of the country, stressing the government's intention to transition from emergency response to a broader, long-term recovery framework. He underscored the urgent need for development assistance from bilateral and multilateral partners, particularly rapid humanitarian support such as food supplies, grants, concessional financing and short- to mediumterm aid.