THE CSO Debt Alliance has implored government to enhance domestic revenue mobilisation efforts, prioritise prudent fiscal management and operationalise the sinking fund to ensure long-term stability as the country prepares to resume its debt repayment obligations. And Alliance Coordinator Peter Mumba has described as positive the latest agreement reached between Zambia and the Eurobond holders. In a statement, Thursday, Mumba said government should, among other measures, operationalise the sinking fund because according to the new deal, the entire debt restructuring agreement might collapse in the event that Zambia defaults on its debt payments during the term of the existing IMF programme. “According to the new deal, the entire debt restructuring agreement may collapse in the event that Zambia defaults on...

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