Liberia: Country Recommended for Debt Relief

The International Monetary Fund and the World Bank announced Tuesday they would support a reduction of approximately 3.7 billion euros (4.6 billion dollars) of the debt of Liberia.

The impoverished nation, which is recovering from a civil war, "has successfully implemented its poverty-reduction strategy and maintained a stable macroeconomic environment, despite the global economic crisis," according to a joint statement.

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