Fojrega writes (Fr) that: “Canada's Minister of Finance announced tuesday that he was cancelling the USD 198.9 million debt that Cameroon owed Canada [1].” Cameroon fulfilled enough conditions to become the 12th country eligible for Canadian debt forgiveness including: “progress in economic reforms, especially corruption and improvement in the drawing up and implementation of budgets.”
Cameroon: Debt Cancelled by Canada
· Written by Alice Backer
Categories: North America, Sub-Saharan Africa, Cameroon, Canada, Development, Economics & Business, Governance, International Relations