Zambia intends to halt nearly $2 billion in projects in order to reduce debt
Zambia is cancelling more than $2 billion worth of projects financed by commercial loans. In 2020, Zambia became the first nation to default in the COVID-19 era. At the end of 2021, its external debt stood at $17.27 billion. Zambia is dropping more than $2 billion worth of tasks funded by business advances to lessen … Read more
