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Norway blazes a trail with audit of developing world debt

Anti-poverty campaigners are celebrating Norway's release of an external audit of outstanding public debts it is owed by developing countries, the first time any country has undertaken such a process.
The investigation, by Deloitte, the financial services firm, looked at aid packages offered to developing countries since the 1970s. Auditors were tasked with studying whether the deals, mostly concessional trade agreements, complied with national guidelines and newly established international principles.