debt relief

Billions Pledged for Nepal Reconstruction – But Still No Debt Relief

A major donor conference in Nepal’s capital, Kathmandu, came to a close on Jun. 25 with foreign governments and aid agencies pledging three billion dollars in post-reconstruction funds to the struggling South Asian nation.

Donor Conference to Tackle Nepal Reconstruction

The 7.8 magnitude earthquake that shook Nepal in April, and the numerous aftershocks that followed, left the country with losses amounting to a third of its economy.

U.S. Proposes Major Debt Relief for Ebola-Hit Countries

The United States proposed Tuesday that the international community write off 100 million dollars in debt owed by West African countries hit hardest by the current Ebola outbreak. The money would be re-invested in health and other public programming.