Zambia: Debt Restructuring Needed Before IMF Agreement Can Proceed
Dec 7, 2021 | 21:29 GMT
A Dec. 6 International Monetary Fund statement said Zambia will need to undergo comprehensive debt restructuring under the Group of 20 common framework before the IMF’s executive board can consider a new staff-level agreement on a three-year Extended Credit Facility arrangement for $1.4 billion....