Jul 212008
Country Report No. 08/113: Mali: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waivers of Nonobservance of Performance Criteria and Request for Extension of Commitment Period – Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mali
Thank you Wangbu for your kind comment and thoughts about debt. I completely agree with you.
Every third world country had been IMF dependent for years and has been using what it progressively gained to pay the interest of the borrowed sum supposed to be used for growth. And the cycle of underdevelopment continues. I hope time will come that every nation will be free of debt and can stand by itself.
I am new here, and I am really thankful for discovering your well opinioned blog.