Archive: 15 October 2020
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Debt situation is worrying – LunguPRESIDENT Edgar Lungu says the debt situation is worrying and that Finance Minister Dr Bwalya Ng’andu is doing everything possible to retain Zambia to sustainable debt levels. Speaking when he met United States Charge d’Affaires […]
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Zambia’s external debt was $27.3bn in 2019, reveals World BankZAMBIA’s total external debt stock has drastically increased to hit a total of US $27.3 billion as at end-December, 2019, mainly consisting of public and publicly-guaranteed debt of over US $11 billion, according to the […]
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We’ll default on loans if lenders don’t agree to delayed payment – TreasurySECRETARY to the Treasury Fredson Yamba says the country is unable to meet its scheduled debt obligations following failure to reach an agreement with Eurobond holders on the proposed six months delayed interest payment. In […]
