IMF to give debt relief to 3 African countries hit by Ebola

Save Story
Leer en Español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WASHINGTON (AP) — The International Monetary Fund says it will provide close to $100 million in debt relief to the three West African countries hardest hit by the Ebola outbreak.

The countries are Liberia, Sierra Leone and Guinea.

Christine Lagarde heads the Washington-based lending institution. Lagarde made the announcement Thursday.

She says the fund also will make loans amounting to $160 million available to the countries on top of the $130 million provided last September.

Lagarde says she will press other lenders to grant debt relief to the three countries.

She said says IMF's action demonstrates the fund's flexibility and innovation in responding to the needs of its membership.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast