News Zambia Debt: Zambia reaches landmark debt agreement, offering hope for economic recovery
Officials said on Thursday that Zambia's lenders, including its largest creditor China, had agreed to restructure the country's public debt, offering financial relief to the first African country to fail since the Covid outbreak. Read more.
News Zambia Debt: Hichilema Signals Start of Zambia’s Debt Repayment Phase
Lusaka - Zambia: Zambia has entered the next phase of its sovereign debt programme following progress made under the international debt restructuring
News Zambia Debt: Italian Government reschedules Zambia’s debt
Lusaka - Zambia: The Italian government has rescheduled Zambia's debt of about 94.6 Million Euros to be repaid over a period of 33 years.
News Zambia Debt: World Bank Demands Faster G20 Debt Relief as Poor Nations Squeezed
Poorer developing nations are likely to need faster G20 debt relief, the World Bank said on Tuesday, as an increasing number face being squeezed by rising indebtedness and slowing growth. The pandemic ...
News Zambia Debt: ‘Africa’s debt situation remains worrying….but there’s good news’
The IMF has allocated Africa $33bn in special drawing rights (SDRs), providing an immediate liquidity boost without adding to the debt portfolio.
News Zambia Debt: The IMF offers a good escape route for Zambia…unless China decides to write off the billions it is owed.
Unless China decides to write off the billions it is owed by Zambia in debt, the International Monetary Fund (IMF) is one of the few escape ...
