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French President, Emmanuel Macron, has committed his country to work together with all Zambia’s official creditors to ensure that the debt restructuring is done.
According to President Hakainde Hichilema’s official social media handle, his counterpart, Macron, reiterated that France would work together with all creditors to ensure that the debt restructuring was done.
“We held fruitful discussions with our French counterpart President Emmanuel Macron this morning at Elysée Palace, here in the French capital, Paris. Our meeting centered around conclusively resolving the debt restructuring programme for Zambia.
“We are happy with President Macron’s commitment that Zambia’s debt restructuring programme should conclusively be dealt with, before the June summit for a New Global financial pact. He reiterated that France will work together with all Creditors to ensure that the debt restructuring is done,” Hichilema said in his post on Wednesday.
Read more: President Hichilema to meet France’s Macron over debt restructuring
Hichilema mentioned that Zambia called on both France and China to jointly tackle the debt restructuring programme with the utmost speed.
French President Emmanuel Macron with President Hakainde Hichilema after having a meeting in France on Wednesday
“On our part, we emphasised the importance of closing debt talks and asked France to use its role to leverage the Paris Club of Creditors Committee and the G20 to ensure the speedy resolution of the debt restructuring.
“We also took the opportunity to woo French investment in Zambia and strengthen bilateral cooperation in areas of infrastructure, defence, technology biodiversity, tourism and environment,” he said.
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