Design a site like this with WordPress.com
Get started

CHINA OFFERS TO CO-CHAIR ZAMBIA’S DEBT RESTRUCTURING AS ECONOMIC REBUILDING GATHERS PACE.

By Alexander Nkosi China has offered to co-chair Zambia’s debt restructuring, a very positive move given the huge amount Zambia owes China. Once our debt is restructured, it will unlock a lot of benefits that include: 1. Reduce the amount we spend on debt service. In 2022 budget, USD3 billion (K51 billion) has been allocatedContinue reading “CHINA OFFERS TO CO-CHAIR ZAMBIA’S DEBT RESTRUCTURING AS ECONOMIC REBUILDING GATHERS PACE.”

Advertisement

TOP 20 LIST OF THE MOST INDEBTED NATIONS IN THE WORLD.

In the words of Thomas Isidore Sankara- Debt is cleverly managed reconquest of Africa aiming at subjugating it’s growth and development through foreign rules. Thus this has successfully managed to make the continent become financial slaves which is to say true slaves. Africa has been projected to have reached an impregnable debt point. Yet theContinue reading “TOP 20 LIST OF THE MOST INDEBTED NATIONS IN THE WORLD.”