Zambian President Hichilema ' s $6bn debt deal hailed as ' historic '

In 2020, the copper-rich country became the first African nation to default on its debt payments during the Covid pandemic. It was burdened by loans and high interest rates that severely restricted the government's ability to invest in critical social programmes and infrastructure development,…#african #twitter #michaelsata #edgarlungu #zambia #imf
Source: Reuters: Health - Category: Consumer Health News Source Type: news