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Monday, 16 March 2009

Zambia's rising external debt, 2nd Edition.

We (JCTR and this blog) have been warning about Zambia's debt position for a while now. Good to see that we are not alone : "In particular, they warn that Zambia, which has already received debt cancellation once, could see its debts become twice the level deemed sustainable by the World Bank and IMF".

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