Renowned Economist Noel Nkhoma says the Zambian Government should assure the team of International Monetary Fund (IMF) that is expected in the country that Zambia’s debt profile has been audited.
Mr. Nkhoma, who is also Betternow Finance Chief Executive Officer, tells Money FM News that the government’s assurance to the fund may help the country get the much talked about IMF bailout package worthy one point three billion US dollars.
Mr. Nkhoma says the government should assure the fund that the country’s debt has been audited and the figures they are giving are the true reflections of the current Zambia’s debt.
“It is a good thing that the IMF is coming back to Zambia. But the government should realize that credibility around debt profiling is very important even as they engage the IMF for talks,” he said.