The architecture for sovereign debt restructurings tends to be shaped by landmark cases. In that view, the deal reached in June by Zambia with its Official Creditor Committee is an important milestone. One aspect that ought to get more attention however is the story of Zambia’s domestic debt since the country’s external default in November 2020.
The cautionary tale of Zambia's domestic debt
The cautionary tale of Zambia's domestic debt
The cautionary tale of Zambia's domestic debt
The architecture for sovereign debt restructurings tends to be shaped by landmark cases. In that view, the deal reached in June by Zambia with its Official Creditor Committee is an important milestone. One aspect that ought to get more attention however is the story of Zambia’s domestic debt since the country’s external default in November 2020.