By BUUMBA CHIMBULUGOVERNMENT should avoid giving premature statements on the state of public debt which is close to US$15 billion and have one consolidated position informed by facts, the , Centre for Trade Policy and Development (CTPD) has said.Zambia’s total Government external debt as at June 2021, stood at US$14.48 billion including money owed by state companies.Excluding parastatal debt, Zambia’s external debt in that month was estimated at $12.91 billion, according to Government official statistics.Responding to these statistics, Centre for Trade Policy and Development (CTPD) Executive Director Isaac Mwaipopo, expressed concern on the inconsistencies in the pronouncements made by Government officials on the stock of public debt.Mr Mwaipopo stressed the need for Government to have one consolidated position informed by facts obtaining, as this was key to finding solutions to the current debt crisis.“CTPD further urges Government to avoid giving premature statements on the state of public debt.“We have observed with concern, inconsistencies in the […]
‘ AVOID UNNECESSARY COMMENTS ON DEBT’
