Zambia's Finance Minister Calls on Nations to Restructure Debt

I would advise my colleagues from the other African nations to approach me and get their issues resolved without holding back, he said in Washington.

"As of now, this is the only practical alternative accessible to governments to address their debt sustainability."

Using the blueprint, Africa's first sovereign defaulter since the epidemic has been restructuring $12.8 billion in foreign liabilities.

This week, the International Monetary Fund is holding its annual meetings, drawing top figures from the worlds of banking, finance.

Central banking to the US capital at a precarious time for the world economy.

The framework is being used to restructure $12.8 billion in foreign liabilities by Africa's first sovereign defaulter since the outbreak.


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