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Zambia Agrees Debt Relief with China and Other Creditors

broken piggy bank with "IOU" slip found inside
June 23, 2023

Eswar Prasad, SAP

Eswar Prasad, professor of international trade policy, says, “For China, the endgame seems to be a resolution that limits its financial losses while spreading more broadly the blame for the distressing and untenable situation that many highly indebted economies find themselves in.”

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