BANK of Zambia (BoZ) Governor Dr Denny Kalyalya says the country is now at a point where macro stability has emerged. Speaking during a plenary session at the EU-Zambia Lobito Corridor Business Forum, Thursday, Dr Kalyalya said the huge debt burden had downgraded the country, therefore, addressing it was the first order of business to bring about macro stability. He added that fiscal discipline has come about, significantly improving the business environment. “I think you will appreciate that four years ago, this country was in a very, very difficult situation, having defaulted on the Eurobonds in 2020. So there had been a very big debt overhang, and the first order of business was to address that imbalance, because what had...

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here