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Emerging MarketsAfrica

Zambia pleads for debt standstill in ‘disappointing’ call, promises IMF engagement


Zambia, which is asking to defer upcoming coupon payments as it seeks to restructure its debt, laid out a time frame for discussions with bondholders this week. But investors were disappointed with the lack of clarity and detail from an investor call with finance minister Bwalya N’gandu this week.

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