IMF delivers on the G8 promises from January 2006

The 19 qualifying countries will get cancellation of all debts to the IMF on loans agreed before the end of 2004. This will come into effect from January 2006, and will total around $3.3 billion of debt cancellation in total.
The World Bank and African Development Fund cancellation - also in the original G8 proposal - will be finalised and agreed in the first half of 2006.

That this deal has come into effect at all is a tribute to the watful eyes of many and tireless efforts of campaigners over many years - and their determination to ensure that debt cancellation is not just promised, but cashed in and delivered.

Countries in the original 2005 G8 proposal which have qualified for IMF debt cancellation:
Benin, Bolivia, Burkina Faso, Ethiopia, Ghana, Guyana, Honduras, Madagascar, Mali, Mozambique, Nicaragua, Niger, Rwanda, Senegal, Tanzania, Uganda and Zambia.

Countries in the original G8 proposal which have NOT qualified for IMF debt cancellation:
Mauritania

Countries not in the original G8 proposal which have qualified for IMF debt cancellation (non-HIPC countries):
Cambodia, Tajikistan