Monday, November 20, 2006

IADB pardons multi-billion dollar debt for L. American nations

The Inter-American Development Bank announced on Friday that it will pardon the debts of five Latin American nations from around the region. The debt forgiveness plan- which will be between $2.1 billion and $3.5 billion- affects Nicaragua, Bolivia, Guyana, Haiti, and Honduras.


Links- San Jose Mercury News, Bloomberg

Image- Pravda

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