US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement ...Jordan

US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreementCommitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debtSomalia has announced that more than $1.1bn (£860m) of outstanding loans will be cancelled by the US, a...

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