Civil servants’ debt swap cancelled
Published On April 18, 2022 » 1905 Views» By Times Reporter » Latest News
 0 stars
Register to vote!

By KASONDE KASONDE –
PUBLIC sector unions and the Government have agreed to terminate the debt swap and restructuring initiative as a condition of service due to non-availability of resources to sustain the exercise.
Last year, the Patriotic Front (PF) administration initiated the debt swap arrangement, where it pledged that it would settle debts owed by thousands of civil servants who had obtained loans from various financial institutions.

Read more

Share this post
Tags

About The Author