Congo says China has cancelled its interest-free debt maturing end-2020

$Getty Images/\\tImage by Adam Young$

Getty Images/ Image by Adam Young

China has cancelled its interest-free loans to Democratic Republic of Congo that matured at the end of 2020 to help it overcome economic fallout from the coronavirus pandemic

Stanis Bujakera, Reuters News

January 6, 2021

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KINSHASA, Jan 6 (Reuters) - China has cancelled itsinterest-free loans to Democratic Republic of Congo that maturedat the end of 2020 to help it overcome economic fallout from thecoronavirus pandemic, the Congolese foreign ministry said onWednesday.

It did not say how much the debt relief amounted to.

(Reporting by Stanis BujakeraWriting by Alessandra PrenticeEditing by Bate Felix) ((alessandra.prentice@thomsonreuters.com; +380 44 244 9150;Reuters Messaging: alessandra.prentice.reuters.com@reuters.net))