‘$3.5bn Eurobonds deal to spur economic growth’
Published On March 28, 2024 » 391 Views» By Times Reporter » Business, Stories
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By CHATULA KANGALI and SNIKE MZULAH –
STAKEHOLDERS say the clinching of the deal on the restructuring of the $3.5 billion Eurobonds with bondholders by the Government will spur economic growth.
Social economist Kelvin Chisanga said the completion of the debt restructuring deal would spur investor confidence and lead to the stabilisation of the Kwacha.
He said the deal would stabilise the financial and capital market system while helping reduce the cost of borrowing.
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