BBC News: Mozambique's Foreign Debt - Describe a plan to offer debtrelief under the Heavily Indebted Poor Countries (HIPC) initiative that was promoted by the World Bank and IMF. Article explains several required conditions for this to take place, such as complying with the IMF structural adjustment programme and a change in the tax plan. -- http://news.bbc.co.uk/1/hi/special_report/1999/06/99/debt/359978.stm Regional: Africa: Mozambique: Business and Economy: Economic Development(1)
The World Bank and the International Monetary Fund (IMF) have endorsed Togo for debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative A statement issued by the IMF and made available to the News Agency of Nigeria (NAN) in Lagos yesterday, said that Togo had reached the decision point under the Initiative.
MILAN, Dec 1 (Reuters) - Italian yellow pages publisher Seat Pagine Gialle has started talks with its largest creditor Royal Bank of Scotland, raising hopes it may gain relief from its 3 billion euros ($3.88 billion) debt.
HONG KONG -- Asian debt spreads were range-bound on Monday as weak regional economic data, including a slump in manufacturing in China, put a halt to a week-long tightening trend.
Germany has agreed to forgive 40 million euros of Pakistan's debt in exchange for an agreement from the government to pour half the money into health programmes.
Dec 1 (Reuters) - German Chancellor Angela Merkel's Christian Democrats endorsed the following platform for the 2009 federal election. The ruling conservatives dropped some of their more pro-business positions in the platform for the 2005 vote: * Tax reform and tax relief The CDU renews a promise to reform taxes -- but after the election. The goal is "more net income" and cutting state debt. The ...
BERLIN (December 01 2008): Germany agreed Sunday to forgive 40 million euros (51 million dollars) of Pakistan's debt in exchange for an agreement from Islamabad to earmark half that amount for health programmes.
BERLIN (AFP)--Germany agreed Sunday to forgive EUR40 million of Pakistan's debt in exchange for an agreement from Islamabad to earmark half that amount for health programs.
Troubled Spanish builder Sacyr Vallehermoso announced on Monday the sale of its highway operator Itinere to Citigroup in a 7.88-billion-euro deal that will give it some relief from its huge debts.
Every time Treasury Secretary Hank Paulson updates us on the government's efforts to stabilize the financial system and announces the latest twist in the Troubled Asset Relief Program, I get a sinking feeling in my stomach.
The World Bank's International Development Association (IDA) and the International Monetary Fund (IMF) have determined that the Republic of Togo qualifies for debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative, enabling it to reach the decision point under the Initiative.1 Togo becomes the 34th country to reach its decision point.
