Sell assets to pay Eurobond

Zambia Daily Mail, September 02, 2019

GOVERNMENT should consider selling some of its assets and use proceeds to pay for the first Eurobond debt due in 2022.

“Government needs to use its available resources to develop a legitimate refinancing strategy for its debt repayments,” Consumer Unity and Trust Society (CUTS) centre coordinator Chenai Mukumba said.
Some stakeholders are of the view that Government needs to quickly raise funds to repay the first Eurobond by selling part of its equity in state-owned enterprises and

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