The imperative of US-China dialogue on global issues
Dollar & Sense: The Brookings Trade Podcast
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Zambia's Debt Overhang Is Increasing, but the Upside Scenario Is Still Unclear
The rate will increase under a baseline to 2.5% and an upside scenario to 4%, depending on future performance. If the lower base case prevails, some net present value relief will be afforded - though much less it seems than the Paris Club had provided. And perhaps not enough to meaningfully impact Zambia's debt burden. There was huge international pressure on China over Zambia.
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