ZIPAR hails Govt’s deal with private bondholders
Published On October 30, 2023 » 315 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE agreement reached with the private bondholders is good for Zambia’s economic reform and reconstruction, the Zambia Institute for Policy Analysis and Research (ZIPAR) has said.
ZIPAR executive director Herrick Mpuku noted that in the agreement, the maturity of the debt had been extended and a portion of it written off.
Dr Mpuku said in an interview that this would give the country adequate fiscal space while reducing the impact of debt servicing on the annual cash flows of the country.
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