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Published 1 month ago

Zambia : Zambia Celebrates Economic Turnaround with Landmark Debt Agreement

Summary by Ground News
President Hakainde Hichilema has hailed the recent $3.5 billion agreement with Eurobond holders as a significant milestone. This agreement has freed up resources that were previously allocated to debt repayments, allowing Zambia to channel these funds towards essential developmental economic needs. The World Bank has echoed President Hchilema's sentiments, describing the agreement as a crucial step in the country's transformation.

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