The Speak Up Youth Fact Sharing: Zambiaâs Debt Restructuring Process
By Maila Pride, Citizen Journalist According to Reuters News Agency, debt restructuring involves negotiating with creditors to reduce interest rates, extend repayment terms, or decrease loan balances. The aim is to make debt more manageable by lowering monthly payments, reducing interest rates, or cutting the total amount owed. In March 2024, the Government of the…
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