WASHINGTON (Reuters) - Mali, the strife-torn West African nation, has been approved to receive an $18.4 million loan from the International Monetary Fund to help stabilize its economy over the next 12 months, the IMF said on Monday. The Fund said approval of the loan, under its Rapid Credit Facility, will not fulfill all the government's needs but should send a signal that Mali's economy is on the right path, prompting other donors to offer financial assistance. The IMF first announced in November that it had agreed on a loan with Mali, subject to board approval. "The disbursement ... ...
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