Historical Events tagged with "debt relief"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Paris Club Writes Off 80% of Iraq's Debt
November 21st, 2004 20 years ago
The Paris Club reached a significant agreement to write off 80% of Iraq's external debt, amounting to up to $100 billion. This decision was made to assist the rebuilding of the country following the early 2003 invasion by coalition forces. The debt relief agreement aimed to alleviate the financial burden on Iraq and support its economic recovery. The agreement was in line with international efforts to stabilize Iraq amidst ongoing challenges.
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