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Article: IMF and World Bank support Cameroon's completion point under the Enhanced HIPC Initiative and the IMF immediately grants 100 percent debt relief to Cameroon under the Multilateral Debt Relief Initiative.
- Article from:
- M2 Presswire
- Article date:
- May 2, 2006
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M2 PRESSWIRE-2 May 2006-IMF: IMF and World Bank support Cameroon's completion point under the Enhanced HIPC Initiative and the IMF immediately grants 100 percent debt relief to Cameroon under the Multilateral Debt Relief Initiative(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:01052006
The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed that Cameroon has made sufficient progress and taken the necessary steps to reach its completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Cameroon becomes the 19th country to reach the completion point under HIPC.
Debt ...