Paris Club creditors agree to cancel $1.4 billion of Somali debt

The Paris Club of creditor nations agreed on Tuesday to restructure Somalia's debt, including immediately canceling $1.4 billion owed by the impoverished Horn of Africa country.


from Reuters: World News https://ift.tt/2QXBLDN
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The court’s decision has heavy symbolic meaning, even if it may have little practical impact.

By Patrick Kingsley from NYT World https://ift.tt/8hc1Wxb