External Debt

Zambia will stop taking external debt ― Finance Minister

Zambia will stop taking external debt ― Finance Minister

Zambia’s finance minister on Friday said the country would not take on new external commercial loans in 2021 and limit existing projects in a bid to reduce spiralling debt. The mineral-rich southern African country’s public debt increased by 4.3 per cent in the first six months of 2020, reaching $11.97 billion (10.3 billion euros) in […]