U.S. Forgives $1.14 Billion Debt to Somalia's Economic Recovery

[Radio Dalsan] In a move to bolster Somalia’s economic recovery and stability, the United States has forgiven $1.14 billion in debt owed by Somalia. The debt cancellation, announced by US Ambassador to Somalia Richard Riley in Mogadishu, is part of a larger $1.2 billion assistance package for Somalia this fiscal year.

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