Posted by: APO | 14 November 2007

WHITE HOUSE Press Briefing / Finance debt relief for Liberia

For Immediate Release
Office of the Press Secretary
November 14, 2007

Press Briefing by Dana Perino
James S. Brady Press Briefing Room


MS. PERINO: Hello. I have two announcements. The first one is that President Bush welcomes the agreement by the International Monetary Fund shareholders to finance debt relief for Liberia. The United States, in partnership with the G8 and the management of the IMF, the World Bank, and African Development Bank, worked hard to secure the funding necessary for 100 percent multilateral debt relief. This follows our commitment to provide $391 million in bilateral debt relief for Liberia. And collectively, this will unlock significant resources in support of the economic turnaround begun by President Ellen Johnson Sirleaf. We’ll have a statement out on that shortly.


END 1:02 P.M. EST


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