{"id":429513,"date":"2026-05-07T17:32:37","date_gmt":"2026-05-07T11:47:37","guid":{"rendered":"https:\/\/radionepalonline.com\/en\/?p=429513"},"modified":"2026-05-07T17:32:39","modified_gmt":"2026-05-07T11:47:39","slug":"imf-board-extends-timeline-of-ecf-for-nepal","status":"publish","type":"post","link":"https:\/\/radionepalonline.com\/en\/2026\/05\/07\/429513.html","title":{"rendered":"IMF Board extends timeline of ECF for Nepal"},"content":{"rendered":"\n<p><strong>Kathmandu:<\/strong> The International Monetary Fund (IMF)&#8217;s Executive Board has decided to extend the timeline of the Extended Credit Facility (ECF) arrangement implemented for Nepal by an additional two months. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"390\" height=\"220\" src=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/IMF-390x220-1.png\" alt=\"\" class=\"wp-image-353173\" style=\"width:785px;height:auto\" srcset=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/IMF-390x220-1.png 390w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/IMF-390x220-1-300x169.png 300w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2023\/05\/IMF-390x220-1-340x191.png 340w\" sizes=\"(max-width: 390px) 100vw, 390px\" \/><\/figure>\n\n\n\n<p>According to the press release issued by the IMF on Wednesday, the programme would continue up to 11 July 2026 with the extension. <\/p>\n\n\n\n<p>The timeline has been extended to allow sufficient time for the completion of the seventh and final review of the ECF arrangement, the IMF informed. The 38-month IMF arrangement for Nepal was approved on 12 January 2022. <\/p>\n\n\n\n<p>Under this programme, Nepal obtained access equal to 180 percent of its &#8216;Special Drawing Rights&#8217; (SDR) quota, amounting to 282,42 million US dollars. <\/p>\n\n\n\n<p>According to the IMF, two additional months were added to provide sufficient time for the seventh and final review under the IMF programme. <\/p>\n\n\n\n<p>Nepal has committed, through the IMF program, to maintaining financial stability, strengthening foreign exchange reserves, improving public financial management, and advancing economic reform programmes. <\/p>\n\n\n\n<p><strong>RSS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the press release issued by the IMF on Wednesday, the programme would continue up to 11 July 2026 with the extension. <\/p>\n","protected":false},"author":48,"featured_media":353173,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,3,4,5],"tags":[],"reporter":[],"class_list":["post-429513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en-cover","category-english","category-en-news","category-top-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/429513"}],"collection":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/comments?post=429513"}],"version-history":[{"count":1,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/429513\/revisions"}],"predecessor-version":[{"id":429514,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/429513\/revisions\/429514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media\/353173"}],"wp:attachment":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media?parent=429513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/categories?post=429513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/tags?post=429513"},{"taxonomy":"reporter","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/reporter?post=429513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}