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Zambia and Zimbabwe Seek Debt Restructuring to Stimulate Economic Growth /
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2024-06-15 20:00:59

Zambia and Zimbabwe Seek Debt Restructuring to Stimulate Economic Growth on Nostr: Zimbabwe Seeks Debt Relief Amid Economic Reforms, Faces Resistance from China ...

Zimbabwe Seeks Debt Relief Amid Economic Reforms, Faces Resistance from China
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#bf6badb0 ver:0.09

Zimbabwe and Zambia are seeking debt relief to stimulate economic growth, but face resistance from China. Zimbabwe's total debt is $18 billion, and the country aims to improve governance to access concessional financing. Zambia reached a debt restructuring agreement with China and France last year. The success of these deals is crucial for both countries. The head of the African Development Bank calls for quicker debt restructurings and $25 billion to avoid a 'lost decade' for Africa. #DebtRelief #EconomicGrowth #ChinaResistance #AfricaDevelopment...

#newstr #Zambia #Zimbabwe #DebtRestructuring #DebtRelief #EconomicReforms #China #AfricanDevelopmentBank

https://here.news/story/bf6badb0?ver=0.09
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