Can a borrower's club lead to cheaper, sustainable debt? [Business Africa]

Fri, 12 May 2023 07:30:27 +0000

African countries, excluding Zambia and Ghana who have already defaulted, will pay nearly $23 billion in external debt servicing in 2023. Critics say loan restructuring will not be enough and urge reforms to lending practices that they say constrain the choices of developing countries

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