CORRECTED-UPDATE 2-Zambia criticises debt restructuring delays - FT
The FT report was corrected on Monday to say that the minister had criticised debt restructuring delays, not rejected China's call for multilateral banks to offer debt relief.
The People's Bank of China and the Ministry of Finance both did not respond to a Reuters request for comment. Government data showed Zambia owed Chinese creditors nearly $6 billion of the total of $17 billion external debt at the end of 2021.and other Group of Seven countries have grown increasingly frustrated about what they see as foot-dragging by China in moving forward on debt rescheduling for countries seeking help.
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