Debt relief, combined with Liberia's strategy to encourage investment, offers the country a chance to rebuild.
Debt Relief Offers Liberia Real Chance of Progress
Liberia's comprehensive debt-reduction package, which writes off more than 90 per cent of its foreign debt, opens up new opportunities to rebuild the country.
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Liberia: No Borrowing Beyond U.S.$40 Million - HIPC Delegation Gives Highlights
Informer, 6 July 2010
Finance and Planning Ministers Augustine K. Ngafuan and Amara Konneh yesterday retuned to the country, relating details of Liberia's HIPC Completion Point success and benefits, but… Read more »
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Liberia: Govt Has a Real Chance With Debt Burden Lifted
Analyst, 5 July 2010
In late 2003, Liberia began to emerge from two decades of brutal military government and civil war that had left the country with no functioning public services, spawned… Read more »
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Liberia: Country's U.S.$4.9 Billion Debt Cleared
Informer, 30 June 2010
Liberia's staggering bilateral and multilateral debts of US$4.9 billion was yesterday squashed after the country reached the Heavily Indebted Poor Countries (HIPC) completion point Read more »
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Liberia: Sirleaf Unveils Govt's Next 'Major Priority'
Informer, 1 July 2010
Following Tuesday's historic debt cancellation against Liberia by the World Bank and the IMF, President Ellen Johnson Sirleaf Wednesday morning told the nation that her… Read more »
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Liberia: Global Witness Sounds Caveat on Corruption
Analyst, 1 July 2010
The international investment watchdog, Global Witness, said it welcomed the decision by the World Bank to grant debt relief to Liberia, but warned that the government of Liberia… Read more »
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Liberia: International Institutions Back Debt Relief
RFI, 29 June 2010
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. Read more »
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Liberia: IMF and World Bank Announce U.S.$4.6 Billion Debt Relief
Govt of Liberia, 29 June 2010
The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have decided to support US$4.6 billion of debt relief for Liberia, of which… Read more »
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Liberia: Global Witness Welcome Debt Relief, Says Controls Need to Stop Corruption
Global Witness, 30 June 2010
The decision yesterday by the World Bank to grant debt relief to Liberia under the Heavily Indebted Poor Countries Initiative (HIPC) is welcome but more needs to be done to prevent… Read more »
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Liberia: World Bank Impressed With Progress
Analyst, 29 June 2010
The Managing Director of the World Bank has expressed her confidence that Liberia will reach the Completion Point of the Heavily Indebted Poor Countries (HIPC) Initiative tomorrow.… Read more »
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IMF, 25 June 2010
The Executive Board of the International Monetary Fund (IMF) today approved the fourth review of Liberia's economic performance under its Extended Credit Facility (ECF) (formerly… Read more »
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Liberia: Upward Mobility Gains Momentum
Analyst, 25 June 2010
Once upon a time Liberia was, variously, regarded internationally as "Taylor Incorporated" or "pariah state", effectively relegating it to a rogue state status fit only for UN… Read more »
