Liberia: Paris Club Agrees to Provide 100 Percent Debt Relief

16 September 2010
Paris Club (Paris)
document

The representatives of the Paris Club creditor countries met with representatives of the Government of the Republic of Liberia on 16 September 2010 and agreed on a debt cancellation for the Republic of Liberia following its Completion Point under the enhanced initiative for the Heavily Indebted Poor Countries (enhanced HIPC Initiative) reached on 29 June 2010.

Paris Club creditors welcomed the Republic of Liberia's determination to continue to implement a comprehensive poverty reduction strategy and an ambitious economic program providing the basis for sustainable economic growth.

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