Zambia’s foreign debt jumps to US$9.37 billion, govt using foreign reserves to finance budget

FINANCE Minister Margaret Mwanakatwe has disclosed that Zambia’s External debt stock as at the end of the first quarter of 2018 increased to US$9.37 billion from US$8.7 billion in December, 2017. She added that the stock of domestic debt as at end June 2018 was K51.86 billion from K48.4 billion as of December, 2017. Mrs […]