Wednesday, July 18, 2007

Zambia seeks debt relief from Russia, Iraq - finmin

(Reuters) - Zambia is seeking $600 million in debt relief from Russia, Iraq and other creditor countries that were not part of global debt relief plans agreed with the world's poorest nations in 2006, Finance Minister Ng'andu Magande said on Wednesday.

Magande said Zambia had written to Russia, Iraq, Bulgaria, Brazil and others asking them to cancel a total of $600 million in debt.


Read more at Reuters Africa

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