1 | 50 | Markets | Uncategorized
Zambia‘s government eyes IMF loan before August elections
Zambia’s government expects to secure an International Monetary Fund (IMF) loan before nationwide elections are held in August. In November, the copper producing nation became Africa’s first pandemic-era sovereign defaulter after missing a coupon payment on one of its $3 billion of Eurobonds. Holders of the notes have set a deal with the Washington-based lender…