Tag Archives: world bank

Liberia buys back $1.2bn in debt

Moneybiz – Liberia has bought back $1.2-billion in government debt at a steep discount, the World Bank, which helped finance the buyback, said on Thursday. The impoverished African country has "significantly reduced its foreign debt" at a discount of nearly […]

China wants IMF to be tougher with rich states

Reuters – China, setting out its stall for the next global financial summit, wants the International Monetary Fund to get tougher with developed countries that let their economies run off the rails. In a position paper prepared for the April […]