Debt Relief Pledged(In billions of U.S. dollars) | |||
Country |
Committed Debt Relief | Percentage Reduction | Face Value |
| (In Net Present Value terms) | |||
| TOTAL |
$20.3 |
47% |
$33.6 |
| AFRICA |
$14.6 |
46% |
$25.1 |
| Benin | 0.3 | 31 | 0.5 |
| Burkina Faso | 0.4 | 46 | 0.7 |
| Cameroon | 1.3 | 27 | 2.0 |
| The Gambia | 0.1 | 27 | 0.1 |
| Guinea | 0.5 | 32 | 0.8 |
| Guinea-Bissau | 0.4 | 85 | 0.8 |
| Madagascar | 0.8 | 40 | 1.5 |
| Malawi | 0.6 | 44 | 1.0 |
| Mali | 0.5 | 37 | 0.9 |
| Mauritania | 0.6 | 50 | 1.1 |
| Mozambique | 2.0 | 72 | 4.3 |
| Niger | 0.5 | 54 | 0.9 |
| Rwanda | 0.5 | 71 | 0.8 |
| Sãn Tomé & Principe | 0.1 | 83 | 0.2 |
| Senegal | 0.5 | 19 | 0.9 |
| Tanzania | 2.0 | 53 | 3.0 |
| Uganda | 1.0 | 48 | 2.0 |
| Zambia | 2.5 | 63 | 3.8 |
LATIN AMERICA |
$5.7 |
49% |
$8.5 |
| Bolivia | 1.3 | 45 | 2.1 |
| Guyana | 0.6 | 54 | 1.0 |
| Honduras | 0.6 | 18 | 0.9 |
| Nicaragua | 3.3 | 72 | 4.5 |
| Source: World Bank and IMF staff estimates. |
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Related Elsewhere
See today’s related articles:How to Spell Debt Relief | The jubilee movement convinced the world to write down the debt of impoverished nations, but the strings attached provoke fresh debate on economic justice.
Private Debt: The Final Frontier | Broadening relief to include middle-income countries with private bank debt would be tricky.
