{
    "success": true,
    "data": {
        "id": 1177536,
        "msgid": "nigeria-gets-18b-debt-relief-1447893297",
        "date": "2005-07-02 00:00:00",
        "title": "Nigeria gets $18b debt relief",
        "author": null,
        "source": "DPA",
        "tags": null,
        "topic": null,
        "summary": "Nigeria gets $18b debt relief ABUJA: The Paris Club, Nigeria's main external creditor, has granted the country 60 percent (US$18 billion) debt relief, Nigeria's Finance Minister, Ngozi Okonjo-Iweala, said in Abuja on Thursday. Nigeria's external debt overhang is about $35 billion, $30 billion of which is owed to Paris Club countries. The decision to grant Nigeria debt relief was taken at a meeting of Club members held in Paris on Wednesday, June 29, Okonjo-Iweala said.",
        "content": "<p>Nigeria gets $18b debt relief<\/p>\n<p>ABUJA: The Paris Club, Nigeria&apos;s main external creditor, has<br>\ngranted the country 60 percent (US$18 billion) debt relief,<br>\nNigeria&apos;s Finance Minister, Ngozi Okonjo-Iweala, said in Abuja on<br>\nThursday.<\/p>\n<p>Nigeria&apos;s external debt overhang is about $35 billion, $30<br>\nbillion of which is owed to Paris Club countries.<\/p>\n<p>The decision to grant Nigeria debt relief was taken at a<br>\nmeeting of Club members held in Paris on Wednesday, June 29,<br>\nOkonjo-Iweala said.<\/p>\n<p>Under the terms of agreement signed with the Paris Club,<br>\nNigeria was expected to immediately clear arrears of about $6<br>\nbillion from the $30 billion owed, she said.<\/p>\n<p>After paying the arrears, &quot;there would be stock reduction on<br>\nand a buyback of the remainder so as to provide for Nigeria&apos;s<br>\nexit from the debt,&quot; Okonjo-Iweala added. -- DPA<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/nigeria-gets-18b-debt-relief-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}