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LequteMan
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Zimbabwe has been named among the so-called highly indebted poor countries likely to benefit from debt cancelations by the French government next year.
France’s social economy minister Benoît Hamon confirmed the plan Tuesday, saying: "In 2014, an estimated five countries could see their debt completely erased: Somalia, Zimbabwe, Chad, Ivory Coast and Sudan.
“The debt relief is almost immediate, since we are transferring loans made in the past into donations".
Source: New Zimbabwe
see more at http://www.newzimbabwe.com/news-12937-France+likely+to+cancel+Zimbabwe+debt/news.aspx
France’s social economy minister Benoît Hamon confirmed the plan Tuesday, saying: "In 2014, an estimated five countries could see their debt completely erased: Somalia, Zimbabwe, Chad, Ivory Coast and Sudan.
“The debt relief is almost immediate, since we are transferring loans made in the past into donations".
Source: New Zimbabwe
see more at http://www.newzimbabwe.com/news-12937-France+likely+to+cancel+Zimbabwe+debt/news.aspx
