GOVT ON TRUCK-MWANAKATWE

Finance minister Margaret Mwanakatwe says authorities has no longer defaulted on any of its external commitments and does no longer intend to achieve so.
Ms Mwanakatwe says authorities is design alive to the intense repercussions on the economy if it defaults on the money owed.
She explained that measures are being set aside in position to accept definite that loan agreements are no longer abrogated.
Mrs. Mwanakarwe was speaking all the design in which by a ministerial converse in Parliament this afternoon.
She moreover clarified that authorities has no longer pledged any public asset as collateral on borrowings opposite to speculations in the media.
Meanwhile, Mrs. Mwanakatwe stated Authorities has designed a Eurobond redemption approach that can set aside an optimum thought for redeeming all bonds and that after accredited by cupboard the approach shall be made public.