Home for the heteronomous | "Get a job — and some human rights!"
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Home for the heteronomous | "Get a job — and some human rights!" Wednesday, May 11, 2005Rwandan Debts Partly CancelledAccording to Le Monde, the Paris Club group of creditors has cancelled its portion of Rwanda's foreign debt. (The only English source I could find on the first page of a Google News search was this brief article in Forbes.) From what I can tell, this represents at best a 10% forgiveness of Rwanda's foreign debt, but hopefully other creditor nations will follow this example. The Paris Club is also discussing other nations' debts, particularly those in the former Soviet bloc -- let's hope that this is the beginning of a trend. |
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