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Zambia’s New Finance Minister Says a Deal With the IMF is Key, Avoids Any Mention of Chinese Debt

by Eric Olander

Zambia’s newly-named finance minister Situmbeko Musokotwane said he’s going to prioritize closing a restructuring deal with the International Monetary Fund because it would give creditors confidence and the government cheaper and longer-term financing.

Musokotwane was appointed on Friday (the second time he’s held the position,) by newly-elected president Hakainde Hichilema.

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