Musokotwane asks creditors to form committee and evaluate debt treatment request

MINISTER of Finance and National Planning Dr Situmbeko Musokotwane has asked the country’s creditors to form a creditor committee to quickly evaluate the debt treatment request. On Thursday Parliament approved the K173 billion 2022 national budget. In a statement delivered during a virtual meeting with the bilateral creditors, Dr Musokotwane stated that a creditors committee for debt evaluation was necessary so that they the country could provide financing assurances to the IMF Board of Directors as soon as practicable. “I would like to take the opportunity of this informal meeting to ask you to form, as soon as possible, a Creditor Committee that will formally evaluate our debt treatment request with the objective of providing financing assurances to the IMF…...