ZAMBIA’S Official Creditors have rejected a revised Agreement in Principle (AIP) that was reached between government and the Bondholders, arguing that the revised proposal still does not meet its interpretation of the Comparability of Treatment criteria. The Zambia External Bondholder Steering Committee has since expressed disappointment over the matter, saying it is deeply concerned with the recent developments with regards to implementing its agreement with government. The steering committee argues that it is not for the official bilateral creditors to dictate debt terms to other creditors in circumstances where government had confirmed comparability of treatment. On Tuesday last week, government disclosed that the OCC members and IMF representatives had only expressed reservations about the agreement-in-principle reached with the Bondholders Steering...