BLANTYRE, Aug 27 - Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to "sustainable levels", its central bank said in a statement on Sunday.
The Reserve Bank of Malawi said in its statement that the negotiations have been very positive and creditors were willing to help the country reach debt sustainability. Servicing of the debt and other forms of loan has been constrained by the lack of foreign currency, which has affected the government's operations, the bank said.
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