In a recent statement, French President Emmanuel Macron has joined the growing chorus of voices calling for debt restructuring in Zambia. Macron emphasized the urgency of resolving the issue before the upcoming June summit for a New Global financial pact. It remains to be seen how this will impact Zambia’s ongoing efforts to address its debt crisis.
French President Emmanuel Macron has announced his support for debt restructuring in Zambia, joining other countries in calling for a solution to the country’s debt crisis. Macron has pledged to work with all creditors to ensure that Zambia’s debt is restructured in a way that is fair and sustainable for the country. This move comes as Zambia struggles to repay its debts amid a global economic downturn caused by the COVID-19 pandemic.
During a meeting at the Elysée Palace in Paris, French President Emmanuel Macron expressed his support for debt restructuring in Zambia. President Hakainde Hichilema was in attendance at the meeting.
France has joined the growing chorus of voices calling for debt restructuring in Zambia. President Hichilema has expressed satisfaction with the discussions, describing them as productive and beneficial.
During a meeting with President Hichilema, France was asked to use its influence to expedite the resolution of debt talks by leveraging the Paris Club and the G20 Creditor Committee. The President emphasized the urgency of the situation and the need for a speedy resolution.
In an effort to address Zambia’s debt restructuring program, France has joined the call for action alongside China. The urgency of the situation was emphasized, and it is hoped that both countries will work together to find a solution as quickly as possible.
During a meeting with French officials, President HICHILEMA of Zambia expressed interest in attracting French investment to his country and strengthening cooperation in various areas, including infrastructure, defense, technology, biodiversity, tourism, and the environment. Additionally, France has joined other nations in calling for debt restructuring in Zambia, highlighting the need for economic stability and growth in the region.
France has joined the growing chorus of voices calling for debt restructuring in Zambia, as reported on President Hakainde Hichilema’s Facebook page and monitored by Melo Media News in Lusaka.
