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Article: African Development Bank approves debt relief to 13 countries
- Article from:
- Xinhua News Agency
- Article date:
- April 21, 2006
CopyrightCopyright 2006 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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African Development Bank approves debt relief to 13 countries
ADDIS ABABA, April 21 (Xinhua) -- The African Development Fund
(ADF) has approved 8.5 billion U.S. dollars for financing debt relief
to low-income countries in Africa under the fund's multilateral debt
relief initiative (MDRI).
According to a press release posted Friday on the bank's website,
13 African countries, including Ethiopia, will be the immediate
beneficiaries of the debt relief initiative.
The other 12 immediate beneficiary countries are Benin, Burkina
Faso, Ghana, Madagascar, Mali, Mozambique, Niger, Rwanda, ...