Daily Archives: March 24, 2019

Zambia’s external debt rising to dangerous levels -Musamba

Zambia’s external debt currently pegged at about US$10.05 billion as at December 2018 compared to US$ 8.74 billion at the end of 2017 is considered to be soaring abnormally high, a situation which is worrying various stakeholders. The rise in debt is attributed to increased disbursements on previously contracted loans for on-going economic infrastructure programmes aimed at supporting economic diversification ...

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