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Headline : Kwacha stability due to UPND’s policies – Musokotwane

Read more from the original article on here at diggers.news.






Tags : #kwacha #stability #due #upnds #policies #musokotwane


No. of Paragraph 6

FINANCE Minister Dr Situmbeko Musokotwane says the stability of the exchange rate in the past few months is due to government’s policies. Commenting on the stability of the Kwacha, Wednesday, Dr Musokotwane said investors were getting more confident that Zambia had reorganised its financial affairs and was getting back to normal. “The reasons to justify the assertion that the stability of the exchange rate is due to the policies. First point is that we are almost concluding the debt restructuring, debt restructuring with government institutions, foreign government lenders that has been concluded. We are just finalising the agreement one by one so it’s done. Then there is so much progress being made on the bond holders, we have literally agreed...

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Read more from the original article on here at diggers.news.


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