Government released K4.2 BN for debt servicing
By BUUMBA CHIMBULU GOVERNMENT in its efforts to deal with its indebtedness, last month released K4.2 billion to service the dues owed both externally and domestically. These funds are part … Read More
Tag: debt
IMF READY FOR DEBT RESTRUCTURING
By BUUMBA CHIMBULUTHE International Monetary Fund (IMF) has indicated that it is ready to facilitate debtor/creditor coordination and restructuring.According to details, the institution has so far managed to avoid the … Read More
Britain to help with Zambia’s debt
BRITAIN will help Zambia to move towards a sustainable debt trajectory and access emergency international financing support. British High Commissioner, Nicholas Woolley said this would be achieved by working with … Read More
Govt spends K1.07bn on dismantling debt
By BENNIE MUNDANDOGOVERNMENT last month paid K1.07 billion towards dismantling both domestic and external debt service in line with its fiscal sustainability and debt reduction implementation strategy.Ministry of Finance spokesperson … Read More