The International Monetary Fund has agreed to cancel the debt owed to it by some of the world's poorest countries.
The deal, to erase €45 billion of debt, was agreed at a summit of the G8 leading industrialised nations in July, but it needed the approval of the leading institutes themselves.
The IMF has approved all elements of the deal.
A decision on the debt cancellation by its twin institution, the World Bank, is expected later today.
