Zambia’s Debt Restructuring: A Painful Test Case Sub: IR Sec: Int conventions Duration: Over three-and-a-half years, since Zambia declared bankruptcy. Restructuring Deal: $13.4 billion debt restructuring under the G20-led Common Framework. Background: Bankruptcy Declaration: Zambia’s formal bankruptcy declaration highlighted the challenges of the G20 Common Framework for debt relief. Historic Achievement: Recognized by […]