Zambia’s External Debt Rose to 9.1 Billion Dollars through February from 8.7 Billion Dollars at the End of Last Year.

 

According to a Report Posted on the Ministry’s of Finance Website, the Fiscal Deficit for the First Quarter of 2018 was 3.7 Billion Kwacha 361 Million, Compared with a Target of 16.9 Billion Kwacha for the Year.

 

International Trade Expert Trevor Simumba has Warned that the Country should Expect its Foreign Debt to Rise further.

 

Mr Simumba Warned that Zambia’s External Debt now 9.055 Billion Dollars as of February 2018 and it still Preliminary.

 

MAY 28, 2018

 

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