This is a real milestone in the endeavour to steady the national economy. We, further, commend Presidents Xi and Macron for their demonstrated commitment and good will to Zambia.
By Chishala Kateka | NHP president.
Lusaka, June 23 – A debt restructuring deal for Zambia’s $6.3 billion debt has finally been brokered!!
We, at the New Heritage Party, welcome the announcement by the G-20 and to this end commend the Republican President Mr. Hakainde Hichilema and the Zambian Government negotiation team for managing to negotiate this debt relief framework which has the potential to set the country on a real development trajectory if well managed.
This is a real milestone in the endeavour to steady the national economy.
We, further, commend the leaders and governments of China and France, particularly Presidents Xi and Macron for their demonstrated commitment and good will to Zambia by co-chairing the G-20 debt restructuring Framework resolutely.
We note that this is but the initial but positive step to the actual debt restructuring and preferably possible substantial debt forgiveness.
We, therefore, call upon all patriotic Zambians to support the efforts our government will be taking to bring about debt relief in the weeks and months to come.
It is not going to be easy but with commitment and focus from government on productivity and investment in Zambian owned mining, commercial and agricultural ventures based on an all inclusive national development agenda, Zambia will win.
We must not, by any means, squander this opportunity that has been presented to us.
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