KABUL, July 22 (Pajhwok Afghan News): Afghanistan's major creditors have written off $10.4 billion in debt, a further major reduction in the country's debt in the Paris Club, finance ministry spokesman said on Saturday.
Aziz Shams told Pajhwok Afghan News Russia canceled its debt what it said was $10.5 billion. US had $108 million and Germany 40 million debt on Afghanistan. Paris club played a mediator role between in-debt and creditor countries. The U.S. State Department said on July 21 that the agreement means that 92 percent of Afghanistan's total debt to the three Paris Club creditors -- Germany, Russia and the United States has now been written off.
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