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Restructured debt to earn Zambia US$5.8BN in savings – Musokotwane
By BUUMBA CHIMBULU
GOVERNMENT is set to generate US$5.8 billion in debt service savings following the postponement of payments through extended maturities as a result of the deal struck with official bilateral creditors.
In the absence of debt restructuring, Zambia would have to pay US$6.3 billion in debt servicing official creditors in the next 10 years.
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