The government of Canada has announced that it will offer debt relief to Zambia, Honduras and Rwanda in the hopes that they will redirect the money that would have gone to debt payments into social and economic programs.
The cancelled debts totaled about $52 million, with Zambia owing $39.2 million, Honduras $9.5 million and Rwanda $3.2 million.
In the past year, Canada has also forgiven debts to Senegal, Ghana, Ethiopia and Madagascar.