Zambia’s agreement in principle with bondholders was met with reservations by the IMF and the Official Creditor Committee, and is apparently being revised. There are two main reasons for the official sector to balk at the deal: compliance with IMF targets, related to the DSA and financing gaps, as well as Comparability of Treatment which is assessed by official creditors.
Zambia: the Official Sector Strikes Back
Zambia: the Official Sector Strikes Back
Zambia: the Official Sector Strikes Back
Zambia’s agreement in principle with bondholders was met with reservations by the IMF and the Official Creditor Committee, and is apparently being revised. There are two main reasons for the official sector to balk at the deal: compliance with IMF targets, related to the DSA and financing gaps, as well as Comparability of Treatment which is assessed by official creditors.