LUSAKA, Jan 23 (Reuters) – Zambian President Hakainde Hichilema urged the country’s creditors on Monday to agree to a quick debt restructuring to aid economy recovery efforts.
Hichilema made the remarks during a visit to Zambia by International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who met Hichilema, Finance Minister Situmbeko Musokotwane, central bank governor Denny Kalyalya and other senior government officials.
Zambia defaulted on its sovereign debt in 2020, becoming the first African country to do so during the COVID-19 pandemic.
In August last year it won IMF approval for a $1.3 billion, three-year loan programme intended to help ease pressure on its public finances while it conducts $13 billion restructuring dis…
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