IMF to mull debt relief for RI
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The International Monetary Fund (IMF) has joined the increasing number of creditors willing to consider granting Indonesia debt relief to help cushion the massive financial impact of the Aceh and North Sumatra calamity.
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The Government is poised to divert an extra Â£100 pounds a year of financial aid relief to help some of the world&#39;s most impoverished countries deal with interest payments and perennial debt, according to press reports.
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Indonesia has welcomed a German plan to propose a debt moratorium for the tsunami-hit country when the Paris Club of sovereign lenders next meets on January 20 and it hopes it will free up more funds for ...
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The International Monetary Fund offers up to $1bn in financial help to affected nations ahead of a donors' meeting in Jakarta.
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Decision follows speculation that response to last year's financial turbulence might cost a second term
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LONDON, Feb 2 (IPS) - Bold new proposals for debt relief for the poorest  countries will be put to the test at the G7 finance ministers  summit in London this weekend.
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Belarus has fully repaid its debt to the International Monetary Fund. The last payment due to the fund was made on February 1, the press service of the Belarusian finance ministry has reported to RBC.
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Emerging debt spreads are likely to  trade in ranges early in the week ahead of Venezuela's bond  sale results and the IMF meeting late in the week.
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Indonesia calls on the International Monetary Fund to help reschedule its debts, as figures reveal a slowdown in economic growth.
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The world's richest nations are likely to agree to freeze debt repayments for nations devastated by the Indian Ocean tsunami, according to Britain's treasury chief.
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Chancellor of the Exchequer Gordon Brown unveiled a proposal to its partners in the Group of Eight most industrialised nations for an "immediate moratorium" on debt repayments from countries hit by the tsunami disaster in the Indian Ocean.
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VANCOUVER, British Columbia  - Canada announced a  debt payment moratorium on Thursday for countries struck by the  Indian Ocean tsunami, and said it would speak with other  creditor nations about offering relief.
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The International Monetary Fund on  Wednesday approved $436 million in emergency lending to Iraq  and said it hoped its backing would generate additional  international economic support, including debt relief.
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German Chancellor Gerhard Schroeder said the Paris Club of creditor nations should consider a debt moratorium for Indonesia and Somalia, two of the countries affected by the tsunami
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LONDON, Sept. 25 -- Britain plans to spend about $180.2 million more a year on debt relief for some of the world&#39;s poorest countries, the Guardian newspaper reported Saturday.
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Club of sovereign lenders next meets on January 20 and it hopes it will free up more funds for reconstruction. The proposal came amid concerns over ballooning costs of reconstruction from the tsunami that killed over 45,000 people in Indonesia.
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The world's seven leading industrial nations called on Friday for freezing debt payments owed by countries devastated by the Indian Ocean tsunami.