15 June 2018

Zambia: No More Borrowings

President Edgar Lungu has instructed Ministry of Finance to suspend contraction of fresh debt and limit spending to projects nearing completion, among many crosscutting measures aimed at ensuring debt sustainability and economic stability.

The Government will cancel some of the debts which have been contracted but have not been disbursed and those in the pipeline while others debts will be renegotiated to ensure sustainability.

Zambia

Lungu Orders Arrest of 'Those Perpetrating Violence'

Zambian President Edgar Lungu on Monday sent a strong message to instigators of political violence, saying they were… Read more »

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