The Implosion of Zambia’s Debt Deal Signals Wider Worries

Graph via Reuters.

Delays in restructuring Zambian debt are weighing on the country’s economy and raise wider questions about the future of debt relief mechanisms around the world.

Zambia appears stuck since the announcement last Monday that its committee of official creditors rejected a deal between Lusaka and its bondholders.

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by Cobus van Staden

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