HE WHO PAYS THE PIPER: Zambia’s Growing China Debt Crisis.

In Zambia’s past , debt has been a milestone which has held the country back. In recent years, public debt is once again rising at a significant pace. The external debt stock increased from US$ 6.95 billion at end of the 2016 to US$8.74billion by December 2017, and domestic debt (excluding arrears) has risen from US$3.47billion to US$4.64billion over the same period.