Zambia signs debt deal with creditors: IMF chief

IMF head Kristalina Georgieva revealed the Zambian debt deal at the IMF-World Bank annual meeting in Marrakesh. Photo: FADEL SENNA / AFPZambia has signed a long-sought debt deal with its foreign lenders, the IMF's chief announced Thursday, providing financial relief to the first African nation to default after the Covid pandemic.

A memorandum of understanding with Zambia creditors"has finally been signed", International Monetary Fund Managing Director Kristalina Georgieva said at the IMF-World Bank annual meeting in Marrakesh, Morocco.Click “See First” under the “Following” tab to see Briefly News on your News Feed!

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