Zambia delays receipt of $2.6 bln in loans as debt soars

[Africanews - Africa] - 10/05/2019
Zambia has delayed the receipt of loans totalling $2.6 billion contracted last year in order to rein in its soaring debt, Finance Minister Margaret Mwanakatwe said on Friday. Zambia’s external debt at the end of the first quarter of this year had increased to $10.178 billion from $10.05 billion (...)
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