• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

IMF MD welcomes debt treatment agreement reached by Zambia and its Official Creditors under the G20 Common Framework

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
35
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

GSE Composite Index Advances as GCB Surpasses 70% YTD Return

IMF MD welcomes debt treatment agreement reached by Zambia and its Official Creditors under the G20 Common Framework

Following the announcement of an agreement being reached by Zambia and its official creditors under the Group of 20 Common Framework, Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“I warmly welcome Minister of Finance Situmbeko Musokotwane’s announcement that the Zambian authorities have reached an agreement with their official creditors on a debt treatment, consistent with the objectives of the IMF-supported program.  This unique and innovative agreement specifies both a baseline and a contingent treatment that would be automatically triggered if the assessment of Zambia’s economic performance and policies improves.

“I want to thank the official creditor committee, especially co-chairs China and France and Vice-Chair South Africa, for all their work to reach this agreement. This is a significant milestone for the G20 Common Framework under which China, India, Saudi Arabia and Paris Club creditors joined forces to agree deep debt relief for Zambia.

“This agreement paves the way for the completion of the first review of Zambia’s three-year Extended Credit Facility Arrangement, which is helping put Zambia on a path toward sustainable economic growth and poverty reduction.

“I look forward to the Executive Board taking up this review in the coming weeks and the continuation of our productive collaboration with Zambia in the period ahead.”

Tags: IMFIMF MD welcomes debt treatment agreement reached by Zambia and its Official Creditors under the G20 Common FrameworkZambia
No Result
View All Result

Highlights

FIFA Unveils Dynamic Pricing for 2026 World Cup Tickets Ranging from $60 to $6,730

Ghana Races Toward Single-Digit Inflation in Stunning Economic Rebound

Communications Minister Threatens to Revoke Multichoice Licence by September 6

Cedi’s World-Beating Performance Upended by Imports Surge

Your Savings as Your Launchpad for a Better Financial Future

US Open: Alcaraz and Djokovic set up Blockbuster Semi-final

Trending

Business

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

September 4, 2025

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness The Ghana Tourism Development Company...

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

September 4, 2025

GSE Composite Index Advances as GCB Surpasses 70% YTD Return

September 4, 2025

FIFA Unveils Dynamic Pricing for 2026 World Cup Tickets Ranging from $60 to $6,730

September 4, 2025
A market woman exchange Ghana cedi with a customer in a market in Accra, Ghana, on November 3, 2021.

Ghana Races Toward Single-Digit Inflation in Stunning Economic Rebound

September 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.