Zambia’s creditors have pledged to restructure its debt in a move the IMF’s managing director Kristalina Georgieva welcomed as clearing the way for a $1.4billion funding program.The creditor committee, co-chaired by China and France, said in a statement released by G20 chair Indonesia that it supported Zambia's "envisaged IMF upper credit tranche program and its swift adoption by the IMF Executive Board". CGTN’s Penninah Karibe speaks to Thabo Kawana, Director - Spokesperson in the Ministry of information and Media, on Zambia’s debt relief.
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/
Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY
Follow us on:
Facebook: https://www.facebook.com/cgtnafrica/
Twitter: https://twitter.com/cgtnafrica
Instagram: https://www.instagram.com/cgtn_africa/
Be the first to comment
Up Next
Autoplay
-
05:27
What happens if Zambia defaults on its debt?
-
07:31
SAA warns of job losses as it embarks on restructuring
-
01:03
Chad's transitional govt says won't negotiate with regrouping rebels
-
06:02
Creditors May Write Off Debt If Stability Is Forthcoming In Somalia
-
02:36
Zambia elections: Debt crisis, unemployment main voter concerns
-
01:00
Zambia announces an increase in foreign debt
-
02:54
Kenyan And Nigerian Presidents Pledge To Work Together
-
00:57
China on board on Zambia's debt restructuring process
-
00:48
Zambia: deal reached on debt restructuring
-
11:00
South African Airways | Uncertainty ahead of creditors' meeting today
-
59:15
The Chinese are Coming
-
00:50
Olympics: Uganda strikes 10,000m gold as Morocco, Egypt advance in football
-
02:13
BREAKING: President of Mali held in 'coup' by soldiers
-
01:11
Malawi's former VP files complaint against president
-
07:40
Breaking Sex-Ed taboos in South Sudan
