IMF Plans To Reach Agreement On Debt Forgiveness, Approve $160M Loan For Ebola-Hit West Africa
Reuters: IMF hopes for deal soon on debt forgiveness for Ebola countries
“An agreement to forgive some of the debt of Ebola-hit West African nations may be reached soon in talks between the International Monetary Fund and donor countries, IMF Managing Director Christine Lagarde said. Lagarde, on a three-day visit to Senegal, said that the IMF board was also due to approve in early February a zero-percent-interest loan of $160 million for the three countries worst-affected by Ebola — Sierra Leone, Guinea, and Liberia…” (Flynn, 1/30).
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