Zambia agrees with the Export–Import Bank of China and other creditors to restructure $6.3 billion in debt, which includes maturity extensions and interest rate reductions. The deal, facilitated by the French government, also allows Zambia to access a $1.3 billion bailout from the International Monetary Fund.

Zambia agrees with the Export–Import Bank of China and other creditors to restructure $6.3 billion in debt, which includes maturity extensions and interest rate reductions. The deal, facilitated by the French government, also allows Zambia to access a $1.3 billion bailout from the International Monetary Fund.

June 23, 2023

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Business and Economy, International Relations

Africa, Asia, China, Europe, France, IMF, Zambia

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