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Article: Malawi to receive US$1 billion in debt service relief -- The World Bank and IMF support debt relief For Malawi under The Enhanced HIPC Initiative.
- Article from:
- M2 Presswire
- Article date:
- December 22, 2000
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M2 PRESSWIRE-22 December 2000-WORLD BANK: Malawi to receive US$1 billion in debt service relief -- The World Bank and IMF support debt relief For Malawi under The Enhanced HIPC Initiative (C)1994-2000 M2 COMMUNICATIONS LTD
RDATE:21122000
WASHINGTON -- The World Bank Group's International Development Association (IDA) and the International Monetary Fund (IMF) agreed to support a comprehensive debt-reduction package for Malawi under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative.
The enhanced HIPC Initiative will provide significant support for Malawi's poverty reduction efforts by releasing resources for expenditures on health, ...