Zambia is poised to sign a Memorandum of Understanding on its debt restructuring with official creditors, its finance minister said on Thursday – a key step to securing the next tranche of funding from the International Monetary Fund.
However, clarifying the timeline, Finance Minister Situmbeko Musokotwane said the actual signing had yet to happen, though it was imminent.
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Zambia poised to sign debt restructuring MoU -finance ministerZambia is poised to sign a Memorandum of Understanding (MoU) on its debt restructuring with official creditors, its finance minister said on Thursday - a key step to securing the next tranche of funding from the International Monetary Fund.
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