SECRETARY to the Treasury Felix Nkulukusa has disclosed that Eurobond holders have voted in favour of Zambia’s proposed restructuring deal before the actual consent deadline. And Finance Minister Situmbeko Musokotwane says the finalisation of debt restructuring agreements between Zambia and its bondholders will create the fiscal breathing space necessary for the country to remain on a trajectory of sustainable economic growth. In a statement, Tuesday, Nkukukusa recounted that on May 13, 2024, Zambia announced the launch of a consent solicitation for its 2022, 2024 and 2027 notes. “On 13th May 2024, the Republic of Zambia represented by the Ministry of Finance and National Planning of Zambia (the Issuer or Zambia) announced the launch of a consent solicitation (the Consent Solicitation...

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