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  • Zambian finance minister criticises creditor delays in debt restructuring
    World Finance News

    Zambian finance minister criticises creditor delays in debt restructuring

    February 14, 2023 /

    Zambia’s finance minister has criticised prolonged discussions in excess of the country’s personal debt restructuring, which have provided a Chinese simply call for multilateral loan companies this kind of as the Planet Lender to be included in the approach, warning that the recovery of Africa’s 2nd-most significant copper producer was being held back again. Situmbeko Musokotwane explained in an job interview that “time is of the essence” to end a restructuring of about $13bn of exterior personal debt this 12 months, a few years just after the southern African country defaulted on it. Concerns about delays have mounted since China, the most significant creditor in the talks, previous month named…

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