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IMF and World Bank support Liberia debt relief. The International Monetary Fund (IMF) and
the World Bank announced on Tuesday, June 30 that they would waive the country’s US$4.6
billion debt. This includes US$1.5 billion also forgiven by multilateral creditors. Liberia’s
efforts to reduce poverty and stabilize her economy were recognized for their roles in
providing the relief. Chris Lane, head of the IMF mission for Liberia, stated, "Liberia
can now mobilize additional resources to rebuild the road network and electricity supply system,
providing the infrastructure needed to allow economic growth, while continuing to expand
health care and education systems."
Our appreciation and Providence bless International Monetary Fund, World Bank and all other participant
donors for your assistance in boosting Liberia’s advancements. Wishing the Liberian people
ever blossoming opportunities and fulfillment.