Zambia’s delegation to China huge-CTPD

CTPD Executive Director Isaac Mwaipopo (Picture by Albert Mpezeni)

CTPD Executive Director Isaac Mwaipopo (Picture by Albert Mpezeni)

Center for Trade Policy and Development (CTPD) Executive Director, Isaac Mwaipopo says while The decision to send a delegation of ministers to China to discuss the restructuring program of Zambia’s debt is welcome, the delegation is too much.

Mr Mwaipopo has reminded the government of the need to be mindful of the numbers of ministers and other government officials making international trips on government expense.

He says two ministers from finance and foreign affairs with a few technocrats could be sent on the mission to China.

Mr Mwaipopo says the decision to send the delegation to discuss the debt restructuring program is welcome considering that 30 percent of Zambia’s external debt is owed to China.

He says this serves as an acknowledgement on the part of the government of the growing debt problem.

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