The African Development Bank’s board of directors approved a debt relief package for Comoros after the nation met the requirements under the Heavily Indebted Poor Countries Initiative. The bank will write off Comoro’s USD34.6 million debt in 2009.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.