ACTIONAID Zambia has commended government and the Creditors’ Committee of Zambia, chaired by China, for their unprecedented strides towards debt restructuring and ultimate cancellation. In a statement, Tuesday, ActionAid executive director Nalucha Ziba urged government to leverage the Creditors’ Committee’s support to ensure the agreement with IMF was beneficial to Zambians. “ActionAid Zambia would like to commend the Zambian Government and the Creditors’ Committee of Zambia, chaired by China, for their important and unprecedented strides towards debt restructuring and ultimate cancellation. Zambia’s debt saga has been an issue of debate for several years now and the urgency for resolving this has been escalated by the COVID-19 pandemic. Over the past decade, the government had embarked on ambitious infrastructure development that…...

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