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Zambia on track for debt restructuring next quarter -finance minister

Source: Reuters

Pandemic, economic mismanagement led to sovereign debt defaultZambia's external debt worth around $15 billionChina seeking clarity on IMF debt relief parametersJOHANNESBURG, Nov 30 (Reuters) - Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is "in active engagement" with its largest bilateral creditor China, Zambia's finance minister…

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