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1 Dec 23
An agreement in principle to restructure almost $6bn of outstanding debt is a milestone for Sri Lanka, according to a treasury minister.
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21 Nov 23
Zambia’s official creditors have objected to a deal the government made with private bondholders to restructure $3bn of eurobond debt.
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6 Dec 22
The world’s poorest countries are spending more on servicing debt than at any point since 2000, leaving them with fewer resources to spend on development and growth, new figures show.
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8 Sep 22
The Zambian government has requested to have billions of dollars of debt payments in the next few years relieved as it implements reforms aimed at making its economy and public finances more...
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2 Aug 22
A group of Zambia’s major official creditors has announced its intention to restructure the country’s debts through a G20 initiative set up amid the disruption of Covid-19.