IMF to review debt relief as Somalia nears HIPC Completion Point

[Deeq A.]

Mogadishu (HOL) - The International Monetary Fund (IMF) is set to convene its executive board on December 13 to discuss a substantial debt relief proposal for Somalia, as announced by IMF spokesperson Julie Kozack at a press conference on Thursday. The meeting is a critical juncture in Somalia's prolonged effort to manage its international debt under the Heavily Indebted Poor Countries (HIPC) initiative.

Source: Hiiraan Online