News
Over the next 40 years, 38 countries will have a total of $55bn of debt written off.
Of these, 18 countries which have demonstrated good governance will receive immediate 100% debt relief These are: Benin, Bolivia, Burkina Faso, Ethiopia, Ghana, Guyana, Honduras, Madagascar, Mali, Mauritania, Mozambique, Nicaragua, Niger, Rwanda, Senegal, Tanzania, Uganda and Zambia.
Nine more countries will qualify for debt relief over the next 18 months. The remaining 11 countries are war zones and will only qualify for debt relief when conflict ends.
You might also like...
Engineers urge action over lack of bridge inspectors
A lack of senior bridge inspectors in the UK could be causing a backlog in bridge assessments, engineers have warned.
Exclusive | Armitt on cutting HS2 phase 2 costs
The capital cost of High Speed 2 (HS2) phase 2 could be reduced by £22M per km by implementing best practice from comparative international schemes, an independent official report has found.
China smashes competition for tall buildings in 2018
China has maintained its reign as the most prolific country when it comes to the construction of tall buildings, completing 88 buildings over 200m high in 2018, equating to 61.5% of the world’s total.
Current sustainable drainage implementation 'failing'
Local government’s progress in implementing Sustainable Drainage systems has been criticised in a report highlighting “underlying failures within the current system.”
Have your say
You must sign in to make a comment
Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.