Lenders urged to cancel Zambia’s debt as country faces economic meltdown

More than 100 economists and academics have urged international lenders to crisis-hit Zambia to cancel a significant chunk of their loans during financial restructuring talks this month. Zambia is seeking up to $8.4bn (£7.3bn) in debt relief from major lenders, including private funds managed by the world’s largest investment manager, BlackRock , to help restore …

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