Home / AFRICA / Zambia begs China for debt relief

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

A visit to Nigeria is planned for Meghan Markle and Prince Harry in May, as the Duchess is rumoured to be avoiding a trip to the United Kingdom.

Meghan Markle and Prince Harry set to visit Nigeria in May as Duchess ‘plans to snub’ UK trip

A visit to Nigeria is planned for Meghan Markle and Prince Harry in May, as …

The Asantehene, Otumfuo Osei Tutu II, has underlined the spiritual guidance of the various religious bodies in the country as the source of his successful 25-year reign on the Golden Stool.

Religious support source of my success — Asantehene claims

The Asantehene, Otumfuo Osei Tutu II, has underlined the spiritual guidance of the various religious …