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African Legal Support Facility receives £2 6m from Norway, UK, to boost debt management capacity

The governments of Norway and the United Kingdom have extended grants of around £2.6 million to the African Legal Support Facility (ALSF) to support its activities over the next two years. The Norwegian government, through its Agency for Development Cooperation, provided 20 million Norwegian kroner (around £1.6 million) to support the 2021 and 2022 work programs of the ALSF. The Foreign, Commonwealth & Development Office of the United Kingdom is providing a £1 million grant to the ALSF, which will go to supporting debt management capacity in low-income African countries. The funding forms part of a cooperation agreement signed by the two parties. The UK grant is in line with the G20 Debt Service Suspension Initiative, supported by the IMF and the World Bank, and comes as African countries continue to implement urgent measures to manage the spread of the COVID-19 pandemic and its socio-economic impacts, including the strain on their debt portfolios.

African Legal Support Facility Receives €6M Grant From Netherlands

African Legal Support Facility receives £2 6 million from Norway, UK, to boost debt management capacity, other activities in low-income countries

The governments of Norway and the United Kingdom have extended grants of around £2.6 million to the African Legal Support Facility (ALSF) to support its activities over the next two years. The Norwegian government, through its Agency for Development Cooperation, provided 20 million Norwegian kroner (around £1.6 million) to support the 2021 and 2022 work programs of the ALSF. The Foreign, Commonwealth & Development Office of the United Kingdom is providing a £1 million grant to the ALSF, which will go to supporting debt management capacity in low-income African countries. The funding forms part of a cooperation agreement signed by the two parties. The UK grant is in line with the G20 Debt Service Suspension Initiative (https://bit.ly/3q0rkhC) supported by the IMF and the World Bank, and comes as African countries continue to implement urgent measures to manage the spread of the COVID-19 pandemic and its socio-economic impacts, including the strain on their debt portfolios.

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