FINANCE and National Planning Minister Dr Situmbeko Musokotwane has revealed that some lenders had already stopped disbursing funds to some projects long before government canceled them because they were jittery about whether government could afford to repay them. And Dr Musokotwane says government will have to pay back outstanding payment agreements on some loan projects which have been canceled, while others are subject to debt restructuring. On Friday, government disclosed that it had canceled some loan-financed projects to address the current debt challenges, among them the Smart Zambia Phase II project, Lusaka-Ndola Dual Carriage, FTJ Luapula University and Medical Equipment purchase. Other canceled projects include; Elbit $400M-Ashra Loan and Elbit Hermes Facility B, the Digital Terrestrial Television Broadcasting Systems in…...

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