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Article: PARIS CLUB SLATED TO APPROVE DEBT RELIEF FOR TSUNAMI-HIT NATIONS.
- Article from:
- AsiaPulse News
- Article date:
- January 13, 2005
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PARIS, Jan 13 Asia Pulse - The international aid effort for countries devastated by the Dec. 26 Indian Ocean tsunami is gradually taking shape, with the Paris Club of creditor nations expected to approve a partial debt moratorium for the affected borrowers when they convene here Wednesday.
On Friday, the Group of Seven nations issued a joint statement calling for a moratorium on foreign debt repayments by tsunami-hit countries. U.K. Chancellor of the ...