GREEN Party leader Peter Sinkamba has warned that Zambia’s economic recovery trajectory has remained at high risk, even with the anticipated conclusion of debt negotiations by the end of the first quarter of 2024.
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Recently, Finance and National Planning Minister Situmbeko Musokotwane expressed optimism that the outstanding issues with creditors will be resolved by the end of the first quarter of this year.
But Mr Sinkamba says despite the suspension of debt servicing, there has been no deliberate strategies aimed at accumulating savings dedicated specifically to manage looming debt obligations.
Mr Sinkamba has cautioned that while the debt restructuring might offer a window for economic recuperation, the absence of a structured approach to build a dedicated resource pool for debt repayments could worsen Zambia’s economic challenges.
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