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International Business Times
International Business Times
World
AFP News

DARK SECRETS: Us writes off over 1 billion of somalia debt | Vintage Vibes

Somalia is one of the poorest countries in the world (Credit: AFP)

The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 billion debt owed by the troubled Horn of Africa nation.

The announcement came a day after the parliament in Somalia, which is heavily dependent on international aid, approved a $1.36 billion national budget for 2025.

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