Most creditors have permitted us to default as we re-arrange our debt – Musokotwane

THE stability seen in the past few months is largely because many creditors have either allowed us or tolerated us not to pay what we owe, says Finance and National Planning Minister Dr Situmbeko Musokotwane. Speaking when he presented the Appropriation Bill, National Assembly Bill No. 51 of 2021 in Parliament, Thursday, Dr Musokotwane said the UPND administration was taking steps to end the debt distress and deliver economic prosperity. “Madam Speaker, the bill before the House is a culmination of the assignment that started with the presentation of the 2022 budget address on Friday 29th October 2021. At this point, let me provide a reminder of the status of our economy and how the 2022 budget and the subsequent…...