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Sweden Writes Off Togolese Debt

Sweden Writes Off Togolese Debt

Sweden has written off Togo’s overall debt equivalent to 34 billion CFA francs, an official source told APA on Sunday.
Italy Writes Off Democratic Republic of Congo’s Debts

Italy Writes Off Democratic Republic of Congo’s Debts

Italy has written off the remaining debt owed by the Democratic Republic of Congo, equivalent to 553 million Euros (about $740 million) courtesy of a bilateral agreement signed this week in Kinshasa.
Mozambique to Negotiate Method of Payment of $30m Debt Owed to Angola

Mozambique to Negotiate Method of Payment of $30m Debt Owed to Angola

A Mozambican delegation led by Finance Minister Manuel Chang, will travel to Angola to negotiate the method of a debt payment amounting to $30.75 million dollars that Mozambique owes the southwest African nation.
People Who Overuse Credit Hold Almost Magical Beliefs About Products

People Who Overuse Credit Hold Almost Magical Beliefs About Products

A University of Missouri researcher says people who overuse credit have very different beliefs about products than people who spend within their means. Following a new study, Marsha Richins, Myron Watkins Distinguished Professor of Marketing in the Trulaske...
Federal Republic of Germany Cancels Liberia’s Debt

Federal Republic of Germany Cancels Liberia’s Debt

The government of the Federal Republic of Germany has canceled Liberia’s debt in the tune of $90 million, being the final portion of the more than $300 million Liberia has owed Germany over the years.
Norway Writes Off Liberia’s $70m Debt

Norway Writes Off Liberia’s $70m Debt

A signing ceremony to mark the final cancellation of the $70 million debt Liberia owed the Norwegian Government took place on Tuesday at the Finance Ministry in Monrovia.
Funding Secures Future of Face-to-Face Debt Advice Programme

Funding Secures Future of Face-to-Face Debt Advice Programme

The future of the face-to-face debt advice program has been secured with £27 million of funding for the next year, the Government has announced. The Government wants to ensure that individuals facing financial difficulty can get valuable impartial advice...
Zimbabwe’s External Debt Approaches $7bn

Zimbabwe’s External Debt Approaches $7bn

Zimbabwe owes $6.9 billion to external lenders and has built up arrears amounting to $4.8 billion on its foreign debt, the central bank said here Sunday. The Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono said the southern African country’s total...
South Africa Cancels Major Cuban Debt

South Africa Cancels Major Cuban Debt

Trade and Industry Minister Rob Davies has announced the cancellation of a R1 billion debt owed by Cuba to South Africa, as part of a new trade agreement signed between the two countries on Tuesday.
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