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Article: World Bank and IMF Support The Gambia's Completion Point Under the Enhanced HIPC Initiative and Approve Debt Relief Under the Multilateral Debt Relief Initiative.
- Article from:
- M2 Presswire
- Article date:
- December 21, 2007
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M2 PRESSWIRE-21 December 2007-The World Bank Group: World Bank and IMF Support The Gambia's Completion Point Under the Enhanced HIPC Initiative and Approve Debt Relief Under the Multilateral Debt Relief Initiative(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:20122007
WASHINGTON -- The World Bank's International Development Association (IDA) and the International Monetary Fund (IMF) have agreed that The Gambia has made sufficient progress and taken the necessary steps to reach its completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. The Gambia becomes the 23rd country to reach the completion point under the Initiative.