SECRETARY to the Treasury Felix Nkulukusa says all achievements made so far will go into despair if the debt restructuring process is delayed. And IMF Director for Strategy, Policy, and Review department Ceyla Pazarbasioglu has expressed optimism of having good news next week regarding Zambia’s debt restructuring programme. Meanwhile, IMF Economic Counsellor and Director of Research Pierre-Olivier Gourinchas says debt restructuring is a long and complex process. Speaking during the IMF/World Bank Spring Meetings panel discussion, Wednesday, Nkulukusa said delays in debt restructuring would result in the country losing gains made so far, especially on the macro economic side. “For the first time in a long period of time, Zambia managed to recruit teachers to reduce the teacher pupil ratio...