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Zambia and Zimbabwe Seek Debt Restructuring to Stimulate Economic Growth /
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2024-06-09 11:59:34

Zambia and Zimbabwe Seek Debt Restructuring to Stimulate Economic Growth on Nostr: African Development Bank Calls for Debt Restructuring and $25 Billion to Avoid Lost ...

African Development Bank Calls for Debt Restructuring and $25 Billion to Avoid Lost Decade
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#bf6badb0 ver:0.08

The African Development Bank is urging for debt restructuring and $25 billion to prevent a 'lost decade' for Africa. Zambia and Zimbabwe are working on debt deals to attract investment and stimulate growth. Zimbabwe seeks to improve governance to access concessional financing. The head of the African Development Bank calls for quicker debt restructurings and more favorable lending terms. 22 African countries are at high risk of debt distress. Concessional financing has declined, hindering development. #DebtRestructuring #EconomicGrowth #AfricaDevelopmentBank...

#newstr #DebtRestructuring #EconomicGrowth #Zambia #Zimbabwe #AfricanDevelopmentBank #GovernanceReforms #ConcessionalFinancing #AkinwumiAdesina #G20 #ParisClub

https://here.news/story/bf6badb0?ver=0.08
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