Tanzania: France writes off Tanzania's $139m debt
23.09.2004
According to outgoing French Ambassador to Tanzania, Jean Francois Lionnet, France has cancelled Tanzania's debt of Euro 116 million ($139m) as part of debt relief to the country. In an exclusive interview as his four-year tour of duty comes to an end, Ambassador Lionnet said the main part of the debt, Euro 89 million would simply be written off and the balance converted into additional development programmes, specifically targeting primary education.