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MTCC signs Kolhufushi Shore Protection deal

MTCC signs Kolhufushi Shore Protection deal
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Zambia owes nearly $27 billion in foreign and local public debt

Zambia owes nearly $27 billion in foreign and local public debt

JOHANNESBURG (Reuters) - Zambia's total public debt to foreign and local lenders was just shy of $27 billion at the end of June, the Finance Ministry .

Zambia owes nearly $27 bln in foreign and local public debt

Zambia s total public debt to foreign and local lenders was just shy of $27 billion at the end of June, the Finance Ministry revealed on Wednesday. The figure was equal to about 115% of.

Zambia owes nearly $27bn in foreign and local public debt

The figure was equal to about 115% of GDP, according to the latest World Bank figures from 2019, and could be more because Zambia s economy contracted sharply last year.

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