News & Current Affairs

African Diplomats Push UK to Support Debt Restructuring Bill

8In a bid to address Africa’s growing debt crisis, diplomats from eight southern and eastern African nations have urged the UK to support a bill aimed at speeding up debt restructurings for countries hit by economic crises. The bill, introduced by UK MP Bambos Charalambous, seeks to prevent private creditors from suing during debt negotiations. […]source

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