No more borrowings
Published On June 15, 2018 » 4919 Views» By Times Reporter » HOME SLIDE SHOW
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President Edgar Lungu confers with Her Honour the Vice-President, Mrs Inonge Wina


By STEVEN ZANDE
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.
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