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Malawi 'on course' to restructuring $1.2 billion debt

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BLANTYRE (Reuters) - Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to

The bulk of the debt - $800 million - is contracted with Afriximbank, and repayments started in 2020, it said.

"The Malawi Government remains optimistic that the discussions will conclude with acceptable terms for both the Government and the creditors," the statement said.

 

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