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The ex­ec­u­tive board of the In­ter­na­tion­al Mon­e­tary Fund (IMF) Fri­day said it had con­clud­ed the fifth and fi­nal re­views of the Ex­tend­ed Fund Fa­cil­i­ty (EFF) and the Re­silience and Sus­tain­abil­i­ty Fa­cil­i­ty (RSF) arrange­ments with Bar­ba­dos.

The Wash­ing­ton-based fi­nan­cial in­sti­tu­tion said that as a re­sult of the com­ple­tion of the re­views, Bar­ba­dos will be al­lowed to draw down the US$19 mil­lion un­der the EFF arrange­ment and US$39 mil­lion un­der the RSF arrange­ment.

It said this brings the to­tal dis­burse­ments un­der the EFF arrange­ment to US$116 mil­lion and US$193 mil­lion) un­der the RSF arrange­ment.