GOVERNMENT must arrange a one- on-one meeting with the Chinese authorities in its quest for a debt restructuring process since that country has been singled out as delaying the procedure, an Accountants Institute has suggested.The Zambia Institute of Chartered Accountants (ZiCA) has also urged Government to start considering having a second plan in case the debt restructuring process takes longer than planned.ZiCA president, Cecilia Zimba stated that the institute took keen interest in the ongoing discussions and developments on the country’s debt restructuring process.[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”4,5,6″ ihc_mb_template=”2″ ]ZICA, she said, joined all the concerned parties and partners who had expressed deep concern about the debt restructuring stalemate.“As devoted citizens, we would like the country to come out of the negative tag attributed to its default status since 2020, so that the Government can properly execute its economic recovery plan,” she said at the ZiCA 2023 first quarter media briefing on various national matters.Ms Zimba suggested […]
Engage China directly on debt restructuring -ZICA
