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Africa Matters: Zambia secures debt relief

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Zambia has just struck a deal to restructure the $6.3B in loans owed to governments abroad, including China. It's a breakthrough for indebted nations worldwide that have faced lengthy negotiations with their creditors.

Could the deal serve as a blueprint for countries facing debt distress?
#zambia #africa

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zambia debt crisis, zambia depts, zambia loans
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