United Kingdom assures Zambia of support to resolve debt crisis

The United Kingdom (UK) has assured Zambia of its commitment to supporting debt negotiations under the Common Framework.

President Hakainde Hichilema said U.K made this commitment on the side-lines of Fifth United Nations Conference on the Least Developed Countries (LDC5) on Sunday.

“On the side-lines of Fifth United Nations Conference on the Least Developed Countries (LDC5) today, we had a bilateral meeting with UK Minister of State for Development and Africa, Rt. Hon. Andrew Mitchell MP.

“Mr. Mitchell assured us of the UK’s commitment to supporting Zambia’s debt negotiations under the Common Framework,” Hichilema said on his official social media handle.

Read more: IMF helping Zambia resolve its $13.4 billion debt challenge —Georgieva

He said the minister, Mitchell, emphasised that his government would continue investing in Zambia through the UK’s development finance institution British International Investment (BII).

Hichilema said Mitchell hailed Zambia for being a strong voice for democracy in our region.

“We informed the Minister that we are investing in our communities, our women, and the youth. We are ensuring that there is skills training, social protection through Social Cash Transfers, and safe spaces for the vulnerable in our health facilities.

“We look forward to deepening our relations through further engagements to attain our goals for our nation’s inclusive growth that will improve the lives of our people,” Hichilema said.

WARNING! All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.