FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the country has experienced significant challenges in coordinating non-bonded commercial creditors in the process of restructuring the debt. In a statement issued by the Ministry, Dr Musokotwane explained that these challenges had resulted in lengthy negotiation processes. “Finance and National Planning Minister Dr Situmbeko Musokotwane, MP, says in the process of restructuring the debt, Zambia has experienced significant challenges in coordinating non-bonded commercial creditors, which has resulted in lengthy negotiation processes. The Minister has called for a more robust coordination mechanism for non-bonded creditor’s ‘because consensus to bring these creditors on board early on in the process through the information sharing mechanism, will greatly minimise coordination challenges’. Dr Musokotwane was speaking...