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Labrish
Nyuuz
Zambia Restructures Debt with Saudi Arabia
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[QUOTE="Nehanda, post: 22422, member: 2262"] Zambia made a deal with Saudi Arabia about money they owed. The deal helps Zambia handle its debt better. Saudi Arabia also gave them $35 million more to finish building a big hospital. The money boss of Zambia, Dr. Situmbeko Musokotwane, says this deal shows both countries want to help Zambia grow. The new King Salman Hospital means a lot to both sides. It will help moms and babies get better care. People from other countries near Zambia can come there too. Dr. Musokotwane likes how Saudi Arabia worked with them through the G20 plan, which helps countries fix their money problems. The extra money for the hospital came at the right time. The leaders in Zambia said yes to this loan last year when they planned their 2024 spending. The Saudi money group leader, Sultan Al-Marshad, is happy about the hospital. He thinks it will create many jobs and improve health care in Zambia. The hospital shows how both countries want to work together. The total cost of the hospital has gone up—$135 million. But both sides believe this big project will help many people get better medical care. They want to keep working together to make Zambia stronger. [/QUOTE]
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Zambia Restructures Debt with Saudi Arabia
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