PROGRAMS AND EVENTS
U.S. Role in Debt Management Seminar
Date: Tuesday, June 13, 2006
Venue: Abuja
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Embassy Economic Officer Gregory Moore (l) making remarks at the Debt Relief discussion in Abuja, June 13. On his left is Henry Mendelsohn - Information Resource Officer |
The U.S. Role in Debt Relief and Development was the topic of a discussion organized by the Public Affairs Section Abuja at the Abuja American Corner on June 13, 2006. An Embassy Economic Officer provided insights to the bilateral debt reduction agreement signed by Nigeria and the U.S. that led to the over $18 Billion in debt relief Nigeria received from the Paris Club. Dr. Abraham Nwankwo, Director Portfolio Management, Office of Debt Management, said going by IMF economic guidelines, Nigeria was not qualified for debt relief, but with the active support of the U.S., UK, Canada and Japan, the country qualified for debt relief. The program drew journalists, government representatives and civil society members.
Ambassador
