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Sri Lanka and Zambia have both reached preliminary debt restructuring deals with China's EXIM Bank and official creditors, co-led by China and France, respectively. Sri Lanka's deal covers $4.2 billion of debt, while Zambia's agreement involves restructuring its loans. Sri Lanka is urging China to share the terms of its bilateral debt deal with other creditors. The International Monetary Fund (IMF) clarifies that a memorandum of understanding between Zambia and its creditors is yet to be signed. These developments highlight the ongoing efforts of countries to address their debt burdens and seek support from international partners.