ECONOMIST Lubinda Haabazoka says government must explain to citizens the meaning of the debt restructuring deal without emotions. In an interview, Dr Haabazoka said this was important because after a year, people would get back to government and ask why they were made to celebrate the finalisation of the debt restructuring process. Dr Haabazoka said with the restructuring of the Eurobonds, some people were thinking that the debt had been canceled or that Zambia was in receipt of $3 billion. “For me, we had Eurobonds and we still have them; we had three now they are two with a bit higher interest so I don’t know why the celebration. But people can be happy because we have moved from default...

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