We Now Know More About Zambia’s Debt… And It’s Not Good

The Zambian government owes creditors close to $27 billion, according to new data released by the Finance Ministry on Wednesday. The majority of those debts, $16.86 billion, are owed to foreign creditors and also include half a billion dollars of penalties for late payments.

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The post We Now Know More About Zambia’s Debt… And It’s Not Good appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/10/21/we-now-know-more-about-zambias-debt-and-its-not-good/

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