China grants Cuba debt relief, new funds
China has agreed to restructure Cuban debt and provide new trade and investment credits to the beleaguered Caribbean Island nation after a meeting in Peking between the two Communist countries’ leaders.
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Debt Relief
IMF approves debt relief for Sudan
The International Monetary Fund (IMF) has approved a debt relief plan for Sudan.
Following the IMF Executive Board’s approval on a financing package for the Northeastern African country, Ms. Kristalina Georgieva, Managing Director…
IMF: Angola gets $488 million to curb debt
The International Monetary Fund (IMF) has approved the disbursement of $488 million to Angola and reiterated its confidence that Africa’s second-biggest oil producer will rein in public debt to sustainable levels.
The…