THE Bank of Zambia (BoZ) 2025 Annual Report has disclosed that the country’s external debt service declined by $90.9 million in 2025 to $575.1 million. The report has also revealed that Public and Publicly Guaranteed (PPG) external debt stood at $17.51 billion, while government guaranteed debt amounted to $1.37 billion at the end of December 2025. The report also states that Zambia’s export proceeds tracking improved sharply in 2025, with the repatriation rate rising to 85.6 percent from 82.0 percent in 2024. The report attributed the debt service decline to lower debt service on the restructured Eurobonds. “External debt service declined by USD90.9 million in 2025 to USD575.1 million. This comprised USD292.1 million in principal repayment, USD275.2 million in interest...




