Tag: Zambia
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Zambia rejects China’s call for World Bank to join its debt restructuring – FT
Zambia's finance minister rejected a call from China for the World Bank and other multilateral lenders to join a restructuring of the country's debt...
Zambian president wants quick debt restructuring to aid recovery
Zambian President Hakainde Hichilema urged the country's creditors on Monday to agree to a quick debt restructuring to aid economy recovery efforts.
Hichilema made the...
Davos 2023: World Bank: Zambia needs ‘desperate’ debt relief under challenging Common Framework
Zambia needs "desperate debt relief" and agreements under a Group of 20 restructuring vehicle are proving difficult, the World Bank's managing director of operations...
Zambia received ‘debt-for-nature’ proposal from WWF for restructuring
Zambia received a "debt-for-nature swap" proposal as part of its $13 billion restructuring discussions, a move that while complex to secure and not part...
IMF chief heading to Zambia, says new debt ’roundtable’ to meet in February
A new global sovereign debt "roundtable" that will include China, other creditors and some borrowing countries will meet for the first time next month...
