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Cheers in Zambia after landmark debt deal - Africa - World - Vimarsana News

Cheers in Zambia after landmark debt deal - Africa - World

Published: June 23, 2023

Jubilant lawmakers in Lusaka sang Zambia's national anthem on Friday after foreign lenders agreed to restructure part of the country's debt, a move that entrepreneurs said brought hope for the crippled economy

Source: ahram.org.eg
Related Topics:
France GeneralUnited StatesHakainde HichilemaGarry NkomboEdgar LunguMooya ChilalaWorld BankInternational Monetary FundFrench President EmmanuelPresident Hakainde HichilemaZambia Daily Mail
Cheers in Zambia after landmark debt deal - Vimarsana News

Cheers in Zambia after landmark debt deal

Published: June 23, 2023

Zambia, whose total debt amounts to $32.8 billion, defaulted on its $18.6-billion foreign debt in 2020 at the height of the Covid pandemic.

Source: ewn.co.za
Related Topics:
France GeneralUnited StatesEmmanuel TemboMooya ChilalaGarry NkomboEdgar LunguHakainde HichilemaVeronica MwaleGovernment And Rural DevelopmentWorld BankInternational Monetary FundCreditor CommitteePresident Hakainde HichilemaFrench President EmmanuelZambia Daily MailLocal Government And Rural DevelopmentPatriotic FrontOfficial Creditor