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Somalia Granted $4.5 Billion in Debt Forgiveness - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India

The International Monetary Fund and the World Bank approved $4.5 billion in debt forgiveness for Somalia Wednesday after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC. The initiative was launched in 1996 by the IMF and the World Bank to help the world’s poorest… ....

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Somalia Granted $4.5 Billion in Debt Forgiveness

Somalia Granted $4.5 Billion in Debt Forgiveness
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Jubbada Hoose , Bihi Egeh , Mohamed Siad Barre , Kristina Svensson , World Bank , World Bank Country , Indebted Poor Countries Initiative , International Monetary Fund , African Community , Somalia Wednesday , Heavily Indebted Poor Countries Initiative , Finance Bihi Egeh , President Mohamed Siad Barre , Bank Country Manager Kristina Svensson , Somali Cabinet , East African Community ,

Somalia Granted $4.5 Billion in Debt Forgiveness - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India

The International Monetary Fund and the World Bank approved $4.5 billion in debt forgiveness for Somalia Wednesday after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC. The initiative was launched in 1996 by the IMF and the World Bank to help the world’s poorest… ....

Jubbada Hoose , Bihi Egeh , Kristina Svensson , Mohamed Siad Barre , International Monetary Fund , World Bank Country , Indebted Poor Countries Initiative , World Bank , African Community , Somalia Wednesday , Heavily Indebted Poor Countries Initiative , Finance Bihi Egeh , President Mohamed Siad Barre , Bank Country Manager Kristina Svensson , Somali Cabinet , East African Community , Photo Credit , Associated Press ,