Zambia’s President Hakainde Hichilema asked UN secretary-general Antonio Guterres to help push for the conclusion of talks over the Southern African nation’s debt restructuring.
Hichilema, who on Saturday held a closed-door meeting with Guterres in Doha, described the debt restructuring talks as having not “moved fast enough” in an interview with state-owned ZNBC TV after the meeting .
“We’ve discussed with the UN secretary-general to assist, to push for the conclusion of the debt restructuring,” Hichilema said.
Zambia is in discussions to rework $12.8bn (R232.23bn) of external loans under the G20 common framework after the Southern African nation became the continent’s first pandemic-era sovereign defaulter in November 2020.
More stories like this are available on bloomberg.com
Zambia asks UN’s Guterres to assist in debt restructuring talks
Zambia’s President Hakainde Hichilema asked UN secretary-general Antonio Guterres to help push for the conclusion of talks over the Southern African nation’s debt restructuring.
Hichilema, who on Saturday held a closed-door meeting with Guterres in Doha, described the debt restructuring talks as having not “moved fast enough” in an interview with state-owned ZNBC TV after the meeting .
“We’ve discussed with the UN secretary-general to assist, to push for the conclusion of the debt restructuring,” Hichilema said.
Zambia is in discussions to rework $12.8bn (R232.23bn) of external loans under the G20 common framework after the Southern African nation became the continent’s first pandemic-era sovereign defaulter in November 2020.
More stories like this are available on bloomberg.com
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