China agrees to forgive Rwanda’s $7.1 million debt

The Chinese government has announced its agreement to release Rwanda from a US$7.1 million debt that Rwanda had taken in loan from Beijing to build roads, to reduce the debt burden of African countries that are achieving positive results in the path of economic reform and fight against corruption in They.

He explained that China’s forgiveness of the aforementioned Rwandan debt will be based on the principal of the debt and its arrears.