The government has agreed to forgive a large part of the debt.

政府同意免除一大部分债务。

《牛津词典》

Several times, for instance, we were told that Gordon Brown had played a vital role in persuading the world's richest countries to forgive debt to the world's poorest countries.

举例来说，好几次我们得知：戈登布朗在劝服这个最富裕国家免除最贫穷国家的债务方面发挥了关键作用。

youdao

To forgive is to declare a debt paid.

宽恕是声明罪过偿还了。

youdao

Greece's bondholders should be told not merely to accept a delay in repayment, he said, but also to forgive some Greek debt a so-called haircut.

WSJ: European Disunion: Dithering at the Top Turned EU Crisis to Global Threat

To make college more affordable, we'll make it easier for students to pay back their loans, and forgive their debt earlier if they choose a career in public service.

WHITEHOUSE: Key Investments for Middle-Class Families

Supporters of the forgive student debt movement say their real goal is just to start a national conversation about student loan reform.

FORBES: Student Loan Borrowers Need Help to Understand Repayment Rights