General News - 07
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7/12/2007 |
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PM MITCHELL SIGNS DEBT RESCHEDULING WITH PARIS CLUB |
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Prime Minister Keith Mitchell signed an agreement Wednesday to reduce Grenada's debt to a group of major creditor nations by 90 percent.
The debt rescheduling with the Paris Club will save Grenada about $20 million through 2013, according to a government statement.
The Paris Club creditors agreed to the restructuring of the island's external debt in May 2006.
Reprinted from ocla.com
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