Friday, August 3, 2007

Bulgaria to transform Libya's debt into contribution for humanitarian fund



SOFIA, Bulgaria (AP) - Bulgaria's government decided August 2 to divert US$57 million owed to it by Libya to an international humanitarian fund for the country, effectively writing off Tripoli's debt, the news agency BTA reported.
"With these funds Bulgaria aims to help Libya in its efforts to modernize its medical infrastructure, to contribute for the treatment of the HIV-infected children and for paying financial aid to their families," the agency quoted the government press office as saying

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