ECONOMIST Lubinda Haabazoka says Zambia’s debt restructuring process is a complex issue and that explains why it has taken a lot of time. According to Reuters, Zambia’s government creditors expect to be in a position to make a debt restructuring proposal to the country by the time of a financial summit in Paris this week. “Zambia’s government creditors expect to be in a position to make a debt restructuring proposal to the country by the time of a financial summit in Paris this week, a Paris Club source said on Monday. ‘Hopefully we can be in a position to offer a debt treatment to Zambia. We have done our work at the technical level so now it is a question...
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