Zambia News News Zambia » Finance: Zambia hopes to agree new IMF programme by year-end, finance minister says
By Colleen Goko July 16 (Reuters) - Zambia is aiming to agree a new International Monetary Fund programme by the end of the year as it seeks to boost investment and growth after emerging from a ...
News Zambia » Finance: Can Zambia’s Historic Debt Swap Drive Economic Growth?
Zambia's Innovative Debt Relief. Zambia launched the world's first debt-for-energy swap last month, offering to buy back $1.36 billion of its outstanding 2053 private bonds using ...
News Zambia » Finance: Zambia cancels $2bn worth of projects to help with debt
The ministry of finance published its medium-term budget on 9 July noting that the cancellations will reduce the risk of accumulating more non-concessional debt – but no further details were given.
News Zambia » Finance: Zambia’s Finance Minister Says the Era of Too Much Debt From China Is Over
Zambia’s is ready to move on from a failed economic development model based on borrowing billions of dollars of debt from creditors like China, the country's finance minister said. “The level of debt ...
News Zambia » Finance: UPDATE 2-Zambia, bilateral creditors agree debt rework memorandum of understanding - finance ministry
MARRAKECH, Morocco, Oct 14 (Reuters) - Zambia has agreed a memorandum of understanding (MoU) with its bilateral creditors on restructuring about $6.3 billion of debt, almost three years after the ...
News Zambia » Finance: Zambia Finance Minister Eager To Renegotiate Debt, Awaits China’s Team
Zambia's Finance Minister Situmbeko Musokotwane attends the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 15, 2022. Reuters Zambia's finance minister ...
News Zambia » Finance: Zambia debt rework delaying impede key investments, hitting the 'most vulnerable' - FinMin
LONDON, Nov 24 (Reuters) - Long delays in Zambia's debt restructuring have hamstrung much needed investments, curtailed economic growth, weighed on local financial markets and added to living costs ...
News Zambia » Finance: Zambia: Diversifying FDI
Investors look to Zambia due to its positive economic atmosphere. Sources: Bank of Zambia, CIA World Factbook, Coface, Fitch Solutions, Government of Canada Global Travel Advisory, International ...
News Zambia » Finance: Zambia Finance Chief Aims for Debt-Restructuring Deal This Month
Zambia’s finance minister is aiming to reach a debt-restructuring deal with the country’s creditors this month, an agreement that’s been in the making for more than three years. There has been growing ...