Reckless sourcing caused debt problems- President HH

 Reckless sourcing caused debt problems- President HH

President Hakainde Hichilema says reckless sourcing of capital at high interest rates is what has caused the country’s current debt problems which his administration is dismantling.

President Hichilema said he is now engaging various stakeholders across the globe to grow the economy and bring lower price capital among other things.

The Head of State says results of his engagements are already bearing fruit.

He says Zambia’s treasury was run down but his administration is now looking at attracting more capital including among Zambians. ZNBC

Alice Nachilembe

https://tiozambia.com

Alice Nachilembe is a Journalist who yearns for a better country with leaders being accountable to their mandate without oppressing the governed.