![]() ![]() ![]() “There is no option to this otherwise the debts we owe will choke this nation to a standstill,” he added, saying the aim was for a debt restructuring to be concluded in the first quarter of 2022. urge this house and the nation at large to rally together and support government to reach an agreement with the IMF by the end of November,” Musokotwane said. The economic fallout from years of high borrowing - which came to a crunch when commodity prices fell and COVID-19 hit - was one major reason for Hichilema’s victory at the polls. Zambia’s talks with the International Monetary Fund have moved quickly since Hichilema won a landslide election against incumbent Edgar Lungu in August and appointed experienced economist Musokotwane to rein in public finances. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |