President Trump Authorizes Somalia Debt Relief (tags)
President Trump signed a year-end spending bill which authorizes the first phase of debt relief for Somalia.
Congress Passes Somalia Debt Relief (tags)
As part of the Federal government's year-end spending package or "minibus," Congress passed the first phase of debt relief for Somalia.
World Bank and IMF Announce $1.1 Billion in Debt Relief for Chad (tags)
The International Monetary Fund (IMF) and the World Bank announced $1.1 billion in debt relief for Chad. The money comes through the IMF and World Bank's two major debt relief programs: the Heavily Indebted Poor Country Initiative (HIPC) and the Multilateral Debt Relief Initiative (MDRI). Chad is the 36th country to receive HIPC relief and the first since 2012. Chad is the fourth-least developed country in the world. More than half its population lives in poverty.