IMF grants debt relief for 19 African nations
WASHINGTON, APR 14 – The International Monetary Fund has approved immediate debt service relief for 19 African countries for an initial period of six months to enable them to channel financial resources towards dealing with the coronavirus pandemic.
Burkina Faso, Chad, Central African Republic and Mozambique are among the countries that will benefit from this relief.
Others are Benin, Comoros, Democratic Republic of Congo, The Gambia, Guinea, Guinea-Bissau, Liberia, Madagascar, Malawi, Mali, Niger, Rwanda, São Tomé and Príncipe, Sierra Leone and Togo.
Debt cancellation and relief for African countries are among measures that have been called for by advocacy groups to enable some of the most vulnerable countries in the region cope with the worsening pandemic.
Related News
President Ilham Aliyev accepts credentials from New Greek Ambassador
BAKU, JAN 30: President of the Republic of Azerbaijan Ilham Aliyev received the credentials ofRead More
Syrian leader to meet Putin, Russia seeks deal on military bases
MOSCOW, JAN 28: Syrian President Ahmed al-Sharaa will meet Russian counterpart Vladimir Putin in MoscowRead More


Comments are Closed