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The Independent Observer > Articles by: The Independent Observer

Zambia’s forex declining since August 2017

#Zambia FX reserves in decline since Aug 2017 as external debt payments are more-often-than-not now larger than FX inflows. External debt service up 90% in 2019. Can't see a way out of debt challenges without some combo of IMF program $ / China loan reprofiling / PBOC credit line pic.twitter.com/eQaeNsqFOu — Gregory Smith (@emsovdebt) April […]

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