FINANCE and National Planning Minister Situmbeko Musokotwane says it is amazing that rather than recognising the efforts that his government is making to solve the country’s debt problem, the opposition Patriotic Front is relishing on temporary setbacks such as the uncompleted restructuring of the private creditors. In a Facebook post last week, PF faction Chairperson for Information and Publicity Emmanuel Mwamba accused President Hakainde Hichilema and his officials of sabotaging Zambia’s earlier debt restructuring success, particularly regarding the failure to reschedule a $3 billion Eurobond. Mwamba highlighted the unexpected appeal for international assistance by President Hichilema, contrasting it with earlier celebrations of debt restructuring achievements. He contended that the failure of the $3 billion reschedule caused a scandal in Western...

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