PRESIDENT Hakainde Hichilema’s Economic Advisor, Dr Pamela Nakamba, says the Head of State didn’t like contracting Lazard Frerè, to advise the government in the debt restructuring process. Discussing the President’s decision to use foreign advisors on debt restructuring when he condemned the practice while in opposition, Dr Nakamba said the UPND government made a commitment to deliver debt restructuring in the shortest possible time and changing advisors meant losing time. “Yes, the President may have not liked the contracting of Lazard and to date he still wishes we had local capacity to do such transactions. He is committed that we build such capacity. We build capacity to do financial transactions. The Ministry under the new government decided to maintain Lazard...

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