Zambia’s Debt Restructuring Agreement Reached: Latest Updates and News

2023-06-22 18:04:32

Published on: 06/22/2023 – 20:04

Zambia’s creditors have agreed to a restructuring of its public debt, a French government source announced Thursday on the sidelines of an international summit in Paris, where the main lenders of the African country are present. “Today there is an agreement” to restructure $ 6.3 billion in debt, this source said, more than two years following the country defaulted in 2020. Negotiations have so far stalled over differences between Western and Chinese creditors.

1687466488
#Zambias #creditors #agree #debt #restructuring #French #government #source

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

Remembering the Legacy of Rafael Ricardo Barrios: The Renowned Accordion Player’s Journey and Musical Contributions

Selection of Neuchâtel Wines: Celebrating Excellence in Swiss Winemaking

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.