Somalia Lobbies AU Summit for US$4.6b Int’l Debt Cancellation

Somalia’s external debt at the end of December 2017 stands at $4.6 Billion. Largest stake is with Paris Club Creditors (54%), Non-Paris Club Creditors (13%) and Multilateral creditors (33%). BY DINAH MATENGO | CGTN AFRICA Somali government officials, international development partners and civil society organisations engaged in humanitarian operations in Somalia met at the African […]

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