By NATION REPORTERZAMBIA will re-engage bondholders on how best to restructure the debt following the rejection of its request to defer interest payments, Finance minister Bwalya Ng’andu has said.Dr Ng’andu said there was need to respect the sensitivities of all lenders.He however said Government would push to come to the table with the lenders in an effort to agree how best the debt could be restructured.Dr Ng’andu said it was in the interest of the lenders that the debt was restructured.“It’s not in the interest of any lender to only worry about their particular case and ignore the cases of all the others,” he said.Dr Ng’andu said Zambia would continue tirelessly working with all the creditors as they work on the process of restructuring the debt.He said the issue of sustainability that creditors have been concerned with would continue being looked into.Dr Ng’andu also maintained that the decision by the bondholders to reject Zambia’s request […]
Zambia to re-engage bondholders – minister
