IMF approved further extension of debt relief to more than 20 low-income countries



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The statement released on Friday did not name all the countries that will benefit from IMF debt relief in the latest round, but noted that Afghanistan will not be included because the Fund suspended engagement with the Taliban government which took control of the country in August. Parallel, Kyrgyzstan and Lesotho join.

In the previous sections, in addition to Afghanistan, the beneficiaries had been: Benin, Burkina Faso, Central African Republic, Chad, Comoros, Democratic Republic of Congo, Gambia, Guinea, Guinea-Bissau, Haiti, Liberia, Madagascar, Malawi, Mali, Mozambique, Nepal, Niger, Rwanda, Sao Tome and Principe, Sierra Leone , Solomon Islands, Tajikistan, Togo and Yemen.

Recall that at the start of the Covid-19 pandemic in March 2020, the multilateral credit organization launched an effort to raise $ 1.4 billion in grants for the disaster fund in order to reduce debt. So far, donors, including Britain, Japan, Germany and other European and Asian countries, have pledged around $ 860 million.

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