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Home arrow Home arrow Canada agrees to cancel entire Tanzanian debt
Canada agrees to cancel entire Tanzanian debt
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Saturday, 23 February 2002
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TANZANIA: In a move expected to bolster the governments fiscal condition, CANADA announced that it had agreed to cancel the entire $83.6 million in debt it was owed by the East African country. The agreement is in accordance with the Canadian Debt Initiative (CDI), which has to date benefited 11 heavily indebted countries (HIPCs).

Source: http://www.developmentex.com
 
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