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1 – 10 of 19Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…
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DOI: 10.1108/OXAN-DB257977
ISSN: 2633-304X
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While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…
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DOI: 10.1108/OXAN-DB257855
ISSN: 2633-304X
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Living standards are set to decrease further, with the number of Africans in poverty projected to rise for the first time in two decades. Current debt relief initiatives look…
ZAMBIA: Default reiterates external trust deficit
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DOI: 10.1108/OXAN-ES257570
ISSN: 2633-304X
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However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…
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DOI: 10.1108/OXAN-DB257055
ISSN: 2633-304X
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The move confirms long-held suspicions that the BoZ is subject to considerable political interference, which has increased as COVID-19 exacerbates the economic pressure on the…
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DOI: 10.1108/OXAN-DB255024
ISSN: 2633-304X
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President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…
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DOI: 10.1108/OXAN-DB253837
ISSN: 2633-304X
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Embattled president.
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DOI: 10.1108/OXAN-DB250060
ISSN: 2633-304X
Keywords
Geographic
Topical
Zambian economic crisis.
African debt crisis?