FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the projected decline in the public debt-to-GDP ratio is an indication of government’s prudent economic management and debt restructuring efforts bearing fruits. According to the latest IMF Country Report No. 25/225 released on August 5, 2025, Zambia’s public debt-to-GDP ratio was projected to decline to approximately 91.1 percent by December 2025, marking the first time in over seven years that the ratio falls below the 100 percent threshold. The report further projects a continued downward trajectory, with the debt ratio expected to reach 69.4 percent by 2027. In a statement issued by the Office of the Secretary to the Treasury, Wednesday, Dr Musokotwane said the decline in the public debt-to-GDP ratio...
