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Zambia may default its US$6.3 loan repayment

…with the current poor mineral tax revenue from the mines the restructured debt may be difficult to repay, says Dr Sastone Silomba, a public policy expert has projected.

By NATION REPORTER

ZAMBIA’s restructured debt repayment of US$6.3 billion will only be possible if the current poor mineral tax system is restructured to earn revenue from the mines, a public policy expert has said.

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