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ADB offers Swazi bailout - but...

The African Development Bank had offered to provide a US$124 million loan to Swaziland to help the beleaguered nation.

6 Jul 2011

However, the offer comes with conditions: the money would only be released to the country if it agreed to accept certain conditions including financial transparency and reining in the power that King Mswati holds over the budget. Read more...

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Source: Reuters.

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