GOVERNMENT has refuted claims that the IMF has revised its position on Zambia’s debt restructuring agreement. The government insists that the Official Creditor Committee (OCC) members and IMF representatives have only expressed reservations about the agreement-in-principle reached with the Bondholders Steering Committee in October 2023. In October, this year, Secretary to the Treasury Felix Nkulukusa disclosed that Zambia had reached an agreement in principle with the bondholders. Nkulukusa said with the agreement, the country would get an 18 percent haircut out of the $3 billion debt owed to bondholders. In a statement issued, Tuesday, through the Office of the Secretary to the Treasury, government disclosed that it had re-engaged with the Ad Hoc Creditor Committee of Bondholders and was continuing...