Somali leaders celebrate as $4.5 billion debt forgiveness granted

[Deeq A.]

Mogadishu (HOL) - Somali leaders and politicians welcomed the approval of $4.5 billion in debt forgiveness by the International Monetary Fund and the World Bank for Somalia on Wednesday, after the Horn of Africa nation completed years of financial reforms under the Heavily Indebted Poor Countries Initiative, or HIPC.

Source: Hiiraan Online