Monday, 20 December 2010 14:15
The IMF and the World Bank have decided to cancel part of Togo's and Guinea Bissau's debt after both West Africans countries reached completion point under the HIPC Initiative. Having met all the necessary conditions, Togo and Guinea Bissau will see, respectively, $1.8 billion and $1.2 billion of their debt cancelled. For more details, consult Jubilee Debt Campaign's press release.
