TITLE

Liberating Liberia from Debt

AUTHOR(S)
Wedekind, Jennifer
PUB. DATE
November 2007
SOURCE
Multinational Monitor;Nov/Dec2007, Vol. 28 Issue 5, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the decision of the International Monetary Fund (IMF) in November 2007 to stop penalizing Liberia, one of the poorest countries in the world. Countries are required to be fully up to date on all payments owed to the IMF under the debt cancellation program dubbed the Highly Indebted Poor Countries' (HIPC) Initiative. An announcement has been made by IMF managing director Dominique Strauss-Kahn that sufficient pledges had been obtained to cover the $850 million in arrears Liberia owed to the Fund.
ACCESSION #
32061760

 

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