US$6.3 Billion External Debt Restructuring Secured

Zambia secured a landmark US$6.3 billion external debt restructuring package under the G20 Common Framework, achieving 92% Agreement in Principle with official and private creditors by June 2024 — one of the most significant steps toward restoring debt sustainability and rebuilding investor confidence. (Source: Report on Key Achievements of the New Dawn Administration 2021–2026, Office of the President, Cabinet Office, May 2026)