IMF approves $266 million deal to help Liberia fight climate shocks

The International Monetary Fund has approved a new $266 million funding package for Liberia. The money will come through a 21-month program called the Resilience and Sustainability Facility. This facility is designed to help Liberia strengthen its economy against shocks caused by climate change. The funding aims to support the country in building long-term economic stability despite environmental pressures.