by Mukosha Funga on 25 May 2018by Mirriam Chabala on 25 May 2018by Abraham Kalito on 25 May 2018by Zondiwe Mbewe on 25 May 2018
- Goal Diggers
by Mazuba Muleya on 24 May 2018by Abraham Kalito on 17 Apr 2018by Abraham Kalito on 10 Apr 2018by Mazuba Muleya on 20 Feb 2018
by Abraham Kalito on 24 May 2018by Stuart Lisulo on 24 May 2018by Stuart Lisulo on 23 May 2018by Mirriam Chabala on 23 May 2018
by Zondiwe Mbewe on 25 May 2018by Zondiwe Mbewe on 24 May 2018by Zondiwe Mbewe on 24 May 2018by Zondiwe Mbewe on 24 May 2018
- Editor's Choice
by Chibamba Kanyama on 25 May 2018by Diggers Correspondent on 18 May 2018by Nevers Mumba on 26 Apr 2018by Anand Rajaram and Miljan Sladoje on 4 Apr 2018
by Diggers Editor on 24 May 2018by Diggers Editor on 23 May 2018by Diggers Editor on 22 May 2018by Diggers Editor on 19 May 2018
by Sipilisiwe Ncube on 24 May 2018by Sipilisiwe Ncube on 15 May 2018by Felix Kashweka on 14 May 2018by Thomas Mulenga on 7 May 2018
- Guest Diggers
by Kalaki on 24 May 2018by Sishuwa Sishuwa on 21 May 2018by Chibamba Kanyama on 16 May 2018by Sishuwa Sishuwa on 14 May 2018
Debt is like pregnancy, it can’t be hidden – MwanakatweBy Mukosha Funga on 23 Apr 2018
Minister of Finance Margaret Mwanakatwe says there is no way government can hide debt because it is like pregnancy.
According to a statement issued by Ministry of National Planning spokesperson Chibaula Silwamba, Saturday, Mwanakatwe said this when she paid a courtesy call on Zambia’s Ambassador to the USA Dr Ngosa Simbyakula at the Embassy in Washington DC.
Mwanakatwe told the diplomats that during their various engagements in their countries of accreditation, they should share and assure the international community that Zambia’s debt was still sustainable.
“It’s important for you to understand that we are not hiding any debt; give out the correct information. We are not intending, and we have never hidden any debt. You can’t hide a debt. Debt is like a pregnancy, it will show,” Mwanakatwe said.
“We are servicing our debt and Zambia is managing to pay its debts in line with its obligations.”
Mwanakatwe said the country had received a lot of interest in Foreign Direct Investment (FDI), particularly in the agriculture, tourism, manufacturing solar and hydro power and construction sectors.
“You are our ambassadors at any given time; share information with your fellow diplomats here in Washington DC,” she said.
Mwanakatwe urged the trade attaché to proactively work with the Ministry of Commerce, Trade and Industry to attract investors into Zambia.
And Minister of National Development Planning Alexander Chiteme, urged Zambian diplomats to put the country first and engage with various stakeholders in promoting the country’s economic potential.
He urged the diplomats to always familiarise themselves with strategic policy documents that Zambia has in place like the Seventh National Development Plan, the Economic Stabilisation and Growth Programme and the Debt Sustainability Strategy and articulate them to the world as they market the country.
Chiteme said diplomatic missions were important linkages for Zambia with the international community and needed to position themselves to contribute to national development.
In welcoming the ministers and the delegation to the 2018 IMF/World Bank Spring Meetings, Ambassador Dr Simbyakula commended the Government for spearheading the national development agenda. Ambassador Simbyakula assured of his staff’s support to the delegation.
About Mukosha Funga
Mukosha Funga is a Zambian journalist interested in good governance and anti corruption reporting.
- ACC boss dodges blame for weak corruption fight - 25 May 2018
- Church involvement in dialogue excites HH: Let’s get on with it - 24 May 2018
- Leakage of ConCourt ruling to State House stuns Chipimo - 22 May 2018
- Lungu has received more gifts from China – Dora - 18 May 2018
- Kambwili seeks to be exempted from oath of secrecy - 18 May 2018
Subscribe for email alerts
Weekly Most Digged
ArchivesJun0 PostsJul0 PostsAug0 PostsSep0 PostsOct0 PostsNov0 PostsDec0 Posts
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
The News Diggers
Plot No. Lus/9812/649-MC8
off Alex Chola Road
P.O. Box 32147
Telephone or WhatsApp:
+26-097-7708285, 095-3424603, 096-5815078
diggers [at] diggers [dot] news
editor [at] diggers [dot] news
Send this to a friend