Zambia should receive a sovereign credit rating early in 2009 after the process stalled in part to the death of President Levy Mwanawasa in August, central bank Governor Caleb Fundanga said on Monday.
Mwanawasa, whose economic management won Zambia billions of dollars in debt relief, died after a stroke. He was replaced in October by Rupiah Banda, but a prolonged electoral dispute and anti-government riots stymied the country's economic progress.
Fundanga said J.P. Morgan, Zambia's financial advisor, had already done the bulk of work required for the credit rating.
Posts
No comments:
Post a Comment