Category: Public Finance Weekly Column

A Closer Look at the G20 Common Framework’s Principle of Comparability of Treatment – Part 2

In our previous opinion piece, we delved into the principle of Comparability of Treatment (CoT) and why it poses challenges for Zambia’s ongoing debt restructuring efforts. The discussion highlighted how…
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A Closer Look at the G20 Common Framework’s Principle Comparability of Treatment.

Zambia’s debt restructuring process within the G20 Common Framework has extended over three years. While a memorandum of understanding (MoU) covering US$6.3 billion was signed with the Official Creditor Committee…
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RETHINKING THE IMPLICATIONS OF MINERAL TAX COLLECTION IN US DOLLARS FOR THE KWACHA AND FOREIGN EXCHANGE MANAGEMENT IN ZAMBIA

In this week’s article, I explore the consequences of the government collecting mineral taxes in US dollars rather than the local currency, the kwacha. I explore potential considerations and solutions…
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Tackling of Zambia’s Debt Beyond signed MoUs with Bilateral Creditors.

Zambia recently took a significant step toward managing its debt crisis by signing a memorandum of understanding (MOU) with its bilateral creditors to restructure $6.3 billion of its loans. This…
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Understanding the Dynamics of Domestic Debt for Resource Mobilization in Zambia – Part Two.

In last week’s opinion, we looked at the dynamics of domestic debt for domestic resource mobilization in Zambia. We went further to look at the country’s domestic debt stock and…
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Understanding the Dynamics of Domestic Debt for Resource Mobilization in Zambia

As part of its economic reform program aimed at restoring fiscal sustainability, the Zambian government has imposed a freeze on non-concessional external loans. This strategic move necessitates a significant shift…
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Enhancing Community Participation and Consultation for an Effective Constituency Development Fund (CDF)

In the year 2023, Zambia saw an increase in the allocation of funds to the Constituency Development Fund (CDF), rising from ZMK 25.7 million per constituency in 2022 to an…
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BRICS INFLUENCE IN SHAPING THE FINANCIAL GLOBAL LANDSCAPE AND ITS IMPLICATIONS FOR DEVELOPING ECONOMIES LIKE ZAMBIA.

Last week, we explored the BRICS economy—an alliance of emerging market economies comprising Brazil, Russia, India, China, and South Africa. Now, we shift our focus to examine BRICS’ potential impact…
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THE BRICS ECONOMY: UNDERSTANDING THE ORIGINS AND IMPACT ON THE WORLD ECONOMY.

In this week’s edition of the Monday Opinion, we will delve into the BRICS economy, focusing on its origin, expansion, and transformative impact on the global economic landscape.

Zambia’s Path on the IMF-Supported Program: Reviewing Performance and Progress on Structural Benchmarks.

On 31st August 2022, Zambia was granted a 36-month Extended Credit Facility (ECF) International Monetary Fund (IMF) supported programme marking a crucial step in the country’s quest to restructure its…
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