THE Ministry of Finance and National Planning has announced that a Memorandum of Understanding has been agreed with Zambia’s Official Creditor Committee (OCC) on the comprehensive debt treatment agreed in June 2023. According to a statement issued by the ministry, Saturday, the MoU formalises the agreement reached in June with official creditors. The ministry stated that each official creditor would now begin their internal process to sign the MoU. “The Ministry of Finance and National Planning of the Republic of Zambia is pleased to announce that a Memorandum of Understanding (MoU) has been agreed with its Official Creditor Committee (OCC) on the comprehensive debt treatment agreed in June 2023. Zambia’s OCC is co-chaired by China and France, and Vice-Chaired by...

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