What does Zambia’s debt impasse mean for other distressed African countries?
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Bilateral creditors such as China shoulder much of the burden and want bondholders to take a bigger hit, but the dispute could put other restructures on the continent in jeopardy, observers say.
  • zerfuffle
    11·
    1 year ago

    The IMF wants to protect private investors at the cost of country-scale investors. Once again, fuck the IMF.