FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the “stamp” that Zambia had defaulted on its debt had negatively affected investments in the country. Speaking in an interview with World Bank Group Managing Director (Operations) Anna Bjerde at the Spring Meetings in the US, Dr Musokotwane thanked the IMF and the World Bank for the continued financial assistance to Zambia’s economy. “I want to thank the World Bank and the IMF on behalf of Zambia for the support you have been providing to us in the debt restructuring process and also the financing that you are providing in the case of the World Bank, mostly grants for this year. So it is time to sit and exchange the way...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe