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AFRI-USA Business Initiative congratulates Zambia on successful Debt Restructuring

by Mandla Ndlovu
25 Jun 2023 at 07:12hrs | Views
In a press statement released today, the AFRI-USA Business Initiative extended its heartfelt congratulations to President Hakainde Hichilema and the people of Zambia for successfully restructuring their external debt. The initiative hailed this achievement as monumental and a testament to the hard work and determination of the Zambian people.

The successful debt restructuring marks a significant milestone in Zambia's economic development and paves the way for a more secure future for its citizens. By alleviating the burden of debt, Zambia can now focus on advancing its economic growth and creating new opportunities for its people.

The AFRI-USA Business Initiative acknowledged the considerable efforts made by the Zambian Government and its development partners in reaching this agreement. Their dedication and collaboration played a vital role in achieving this positive outcome.

As a committed advocate for economic development in African countries, the AfriUSA Business Initiative firmly believes that sustainable economic growth is key to reducing poverty and creating a prosperous future for the people of Zambia. They expressed confidence that the successful debt restructuring will provide a strong foundation for economic stability and progress.

Dr. Edd Branson, President and CEO of the AFRI-USA Business Initiative, expressed his best wishes to President Hakainde Hichilema and the people of Zambia in their continued efforts to shape a brighter future for their country. He emphasized that Zambia serves as an inspiration to others, demonstrating the potential for transformation and success through perseverance and effective economic strategies.

Source - Byo24News