Debt Restructuring

The World Bank emphasizes that Zimbabwe needs at least 12 months of economic stability to advance discussions on restructuring its $21 billion debt.

Zimbabwe’s national debt has reached $20.5 billion, driven by local borrowing, impacting economic stability. The government plans debt restructuring to manage the crisis.

Zambia aims to break the deadlock in its debt restructuring efforts within three months, with the goal of equitable creditor treatment.