Biz & CorporateBusiness

Zambia’s external debt soars to US$14.3bn


THE continued costs on existing project loans largely from multilateral institutions has pushed upwards Zambia’s external debt to US$14.3 billion as at end of September 2023.

This attribution has been made by Felix Nkulukusa, Secretary to the Treasury, at the symposium on the 2023 Budget Performance and Economic Developments in Lusaka yesterday. Mr Nkulukusa also attributed the swelling of the external debt from US$13.9 billion as at end of CLICK TO READ MORE


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