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Private foreign lenders might have to agree with less profitable terms compared to bilateral creditors if the country's debt restructuring request is met, Finance Minister Ken Ofori-Atta says.
Zambia needs reductions to the principal of its external debt, the country's president Hakainde Hichilema said on local radio Thursday, criticizing the "suicidal" interest rates set.
Adani’s inclusion of costs that appear to be non-existent may allow Bangladesh to claim the deal invalid. If not, questions of political compulsion would prove hard to dispel.
AdaniWatch says the power purchase agreement (PPA) "stipulates that APJL must inform BPDB of any changes in law that might affect these assumptions within 30 days of such an occurrence, and any variation shall be adjusted in the reference capacity price." Since this was upheld, Bangladesh might as well demand to scrap Adani power deal.
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