Mwanakatwe Denies Zambia Is Hiding Debt Amidst Growing Financial Concerns

The Minister of Finance Honourable Margaret Mwanakatwe has assured Zambians and the international community that Zambia does not and will never hide its debt.

And the Minister of National Development Planning Honourable Alexander Chiteme has urged Zambian diplomats serving abroad to fly the Zambian flag high and woo Foreign Direct Investment that will benefit the people - a tricky task when there are some serious questions over our financial stability. 

Many financial experts are concerned Zambia is set to repeat Mozambique and Zimbabwe's past, ignoring the real levels of debt present, leading to a total devaluation of our currency.