In a huge step forward, this week Liberia slashed its foreign debt by buying back $1.2 billion in commercial debt -- about one-quarter of its foreign debt -- from its private foreign creditors, including banks, hedge funds, and other “distressed debt” investment funds.
CGD Policy Blogs
- (-) Remove Borrowing and Debt filter Borrowing and Debt
- (-) Remove International Financial Institutions filter International Financial Institutions
- (-) Remove Nancy Birdsall filter Nancy Birdsall