Chinese debt cancellation a sign of good leadership by PF – Wina

Vice president Inonge Wina says the Chinese Government has realised that its investment is well secured in Zambia under the good leadership of the PF, hence the writing off of the US$70 million loan which the Zambian Government borrowed to construct Levy Mwanawasa Stadium.

And Vice-President Wina says government has directed the Road Development Agency (RDA) to immediately work on the Lusaka Mongu road which she said has become a disaster in waiting.

Vice-President Wina said this in Parliament, Friday, when she responded to questions during the vice president’s question time.

Responding to a question from Ndola Central PF MP Emmanuel Mulenga on what advice the Vice-President would give to those politicking over the Chinese Government’s cancellation of US$70 million loan, Wina said the Chinese government had recognised the good leadership of this country.

“Mr Speaker, the waiver of US$70 million on the Levy Mwanawasa Stadium is a sign of good will from the Government of China and the people of China. And that goes to show also that this type of good will can only come about with a good recognition of a good leadership of a country. The Government of China has come to accept the fact that their investments are secured in Zambian but where there is need to collaborate with the Zambian Government on issues that affect debt for example, they can have a listening ear and Zambia will use that opportunity to engage the Chinese Government even further. Looking at the many aspects of the debt obligations that Zambia has in China,” Vice-President Wina said.

Vice-President Wina appealed to Zambians to stop scandalising the Chinese people and their investment.

“We thank the Chinese Government for that gesture and we hope that the scandalisation of the Chinese and the other nationals resident in this country should be minimised because this government is a government that considers every national as very essential people contributing to the development of Zambia,” she said.

And Bwana Mkubwa PF member of parliament Dr Jonas Chanda asked the vice president to explain how much investment had accrued from the held provincial expos.

In response, Vice-President Wina said a number of companies had already expressed interest to invest in Central, Luapula, and Northern Provinces.

“The investment expos held in the provinces so far have exposed the potential of these provinces to investors and a lot of interests have been shown by serious investors who want to come into the country to partner with the Government of Zambia to develop those areas. And as a result of the expos, for example in Luapula Province, I can attest to the fact that there are quite a number of investment not only in pledges but also in real investment portfolios that have taken root in that province, and so is Central Province. And we hope that by the end of 2020, all the provinces would have held their expos. And we want the members of parliament Mr Speaker to be involved in planning for expos in their provinces,” she said.

And when responding to a question from Solwezi West UPND member of parliament Teddy Kasonso on what government was doing about the dilapidated Lusaka-Mongu road which had become “a death trap”, Vice-President Wina said RDA had been directed to immediately act on it.

“Government is aware of that disaster in waiting and has instructed RDA to address that issue as quickly as possible because it is not only the buses or the ordinary people who drive on that road, but there are also even ministers who were in Mangango recently and they were driving on that road and they have seen the bridge. And this information has come to government and government has instructed RDA to act on it quickly,” said Wina.

And Wina encouraged farmers to sale their maize to FRA, saying the agency had provided a competitive price.

She said this when she responded to Kantanshi Independent member of parliament Anthony Mumba who wanted to know what advise government would give to those refusing to sale their maize to FRA.

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Emmanuel Mwaba
Emmanuel Mwaba

Wilfully, defaulting the Chinese debt is stealing from the people’s republic of China. You borrow money with understanding to pay back not to write off.
This is all because of gross incompetence on the part of the great leader.

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