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NotiCen PDF file 1998 right arrow Dec

Debt Cancellation, Structural Adjustment Debated in Countries Hit by Storm

LADB Article ID: 54500
Category/Department: Region
Date: 1998-12-03
By: LADB Staff

International creditors have been slow to commit to massive debt cancellation for the countries hardest hit by Hurricane Mitch. Storm damage has all but eliminated export income for Honduras and Nicaragua for at least the next year, making debt service impossible (see EcoCentral, 11/05/98, 11/12/98).

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