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IMF, World Bank approves US $800 million debt relief package

Senegal is to get US $800 million as a debt relief package from the International Monetary Fund and the World Bank, under the enhanced Heavily Indebted Poor Countries initiative. The IMF said the money, to be disbursed by the World Bank’s International Development Association, will start providing interim debt relief on 1 July, “once satisfactory assurances have been obtained from Senegal’s other creditors”.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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