You Are Here: Home » Posts tagged with "debt relief"
France Writes Off 800m Euro Democratic Republic of Congo Debt
An agreement cancelling €800 million ($1.171 billion) in debt owed by the Democratic Republic of Congo (DRC) to France, was signed in Paris on June 6, 2011 between Economy and Finance Minister Ms. Christine Lagarde, and Mr. Mapon Matata Ponyo, Finance...
Libya Cancels Portion of Seychelles’ Debts
Seychelles has announced that an agreement has been reached between the government of Seychelles and the Socialist People’s Libyan Arab Jamahiriya on the cancellation of part of the debts that the island owes to Libya, APA learned in the Seychellois...
International Monetary Fund Predicts Total Debt Relief for Liberia in 2010
The visiting Africa Department Director of the International Monetary Fund (IMF), Dr. Antoinette Sayeh, has predicted a total debt relief for Liberia in 2010, if the post-war country’s economy continues its strong performance, and following progress...
Paris Club Cancels Nearly 100% of Central African Republic Debts
The Paris Club, a group of creditors, has canceled almost 100% of the debt of the Central African Republic, estimated in early June at $59.3 million, a statement issued Friday in Bangui disclosed. The creditors of the Paris Club agreed to cancel $49.2...
African Development Bank Writes Off $150.2m of Burundi’s Debts
The African Development Bank (AfDB) has approved the eligibility of Burundi for relief of $150.2n from its current net debt value. Burundi was supported by the pan-African institution in reaching the completion point as part of the support for the Enhanced...
IMF Approves Financial Assistance Increase for Gambia’s Poverty Reduction Program
The executive board of the International Monetary Fund (IMF) has completed the fourth review of The Gambia’s economic performance under a three-year Poverty Reduction and Growth Facility (PRGF) arrangement, and approved an increase in financial assistance...
Report Claims Tanzania has Reduced Its Foreign Debt By 25% in 3 Years
The Tanzania government has succeeded to curtail the country’s total foreign debts by almost 25% over the past three years, APA learned Friday.
Condoleezza Rice in Iraq for Surprise Visit
United States Secretary of State Condoleezza Rice has arrived in Baghdad’s Green Zone for a previously unannounced visit to Iraq. Yesterday Shia cleric Muqtada al-Sadr threatened an “open war” against the current Iraqi government unless...
