Zambia has more than $12bn in external debt and an unknown amount of debt to China.
Last year, it became the first African state to default on its debt during the COVID pandemic.
Candidates in upcoming presidential elections are all trying to convince voters they have what it takes to turn the economy around.
But some economists warn against adding to Zambia’s debt load.
Al Jazeera’s Haru Mutasa reports from Lusaka, Zambia.
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#Zambia #ZambiaElection #ZambiaDebtCrisis
Last year, it became the first African state to default on its debt during the COVID pandemic.
Candidates in upcoming presidential elections are all trying to convince voters they have what it takes to turn the economy around.
But some economists warn against adding to Zambia’s debt load.
Al Jazeera’s Haru Mutasa reports from Lusaka, Zambia.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Zambia #ZambiaElection #ZambiaDebtCrisis
- Category
- World
- Tags
- 2021 Zambia election, 2021 Zambia general election, Aljazeera
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