Zambia begs China for debt relief

Zambian President Edgar Lungu has asked Chinese President Xi Jinping for debt relief in a telephone call between the two leaders on Monday.

President Lungu cited the country’s reduced revenues due to the coronavirus pandemic, according to a statement from his office.

“President Lungu called for debt relief and cancellation in light of reduced revenue due to the negative impact of the pandemic, as well as competing needs for the country, to secure adequate resources to fight the pandemic and to stimulate the economy,” said the statement.

The leaders agreed to enhance co-operation between the two countries.

About Elvis Anokye

Check Also

Commemorating Legacy, Shaping Future: The 13th John Evans Atta Mills Anniversary Lecture

The J.E.A. Mills Memorial Heritage Governing Board takes immense pride in announcing the 13th John …

Chief of Staff, Julius Debrah Is The Embodiment of Leadership, Loyalty, and Paragon of Patriotism

For over two and a half decades, Julius Debrah has indelibly etched his name in …

Leave a Reply

Your email address will not be published. Required fields are marked *