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Paris Club cancels 7.35 billion of Congo debt


As a contribution to restoring the DRC’s debt sustainability, the Paris Club creditors will provide a cancellation of USD 7.35 billion, fulfilling all their commitments under the enhanced HIPC initiative. Paris Club creditors expressed their concern over the business environment and urged the Government of the DRC to carry out further reforms to improve governance, strengthen the rule of law and fight corruption. Full Story

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