BONDHOLDERS OVERWHELMINGLY VOTE IN FAVOUR OF THE PROPOSED RESTRUCTURING DEAL

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BONDHOLDERS OVERWHELMINGLY VOTE IN FAVOUR OF THE PROPOSED RESTRUCTURING DEAL

The government reports Bondholders’ overwhelming participation and the outturn of the voting threshold in favour of Zambia’s debt restructuring deal.

An optimistic Minister of Finance and National Planning, Dr. Situmbeko Musokotwane says the government is pleased on the outcome of the bondholder consent.

Dr. Musokotwane says fiinalizing the agreement, will create fiscal breathing space necessary for Zambia to remain on a trajectory of sustainable economic growth.

The minister has since thanked bondholders for their support and looks forward to finalizing formalities with respect to the consent process in the coming weeks.

This is contained in a statement released by Secretary to the Treasury, Felix Nkulukusa.

PN

1 COMMENT

  1. This is the news that should be on every media outlet not these last episode of unpatriotic persons.

    Lets dwell on such progressive achievements which benefit the country and not these conflicts due to pride and arrogance.

    Good work has been done by this administration. Please continue share and inform us more on what this means and how it will change of economic status of our country.

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