No debt crisis

THE World Bank has called for accurate reporting on Zambia’s debt status because failure to do so has potential to erode investor confidence in the country.
Country economist Ziv Chinzara said improving on debt reporting is key in mitigating negative sentiments. He has also dispelled assertions that Zambia is in a debt crisis.
Dr Chinzara said the past months have been characterised by debate on Zambia’s debt with most of the articles published being inaccurate.
He was speaking during the launch of the World Bank Zambia economic brief under the theme ‘Agro-led structure transformation’.

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