ABU DHABI / WAM H.H. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al ...
Read More »Zambia careening towards debt debacle
Zambia has been careening towards a debt debacle for months, even years. Now it has become the first African nation to default on sovereign payments since the pandemic began. That’s bad news for everyone involved, from the bondholders who refused to agree to a standstill, to Chinese lenders, multilateral institutions and the government. A protracted restructuring lies ahead. More transparency ...
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