President Edgar Lungu says no amount of malicious propaganda will deter Zambia and China from pursuing closer ties for the mutual benefit of the two countries.
Speaking when he opened the third session of the 12th National Assembly in Lusaka, President Lungu called on Zambians to ignore the misleading headlines that seek to malign Zambia’s relationship with china.
The Head of State said there is a lot of micharacterisation of information suggesting that Zambia’s relationship with China borders on colonialism.
President Lungu said the country will choose friends on its own terms and that this does not mean unjustified enemity with others.
He said Zambia is proud of its friendship with China, Europe, America and India and other African countries.
President Lungu further stated that China does not seek a horse and rider relationship with Zambia as is being suggested in some quarters.
The President stressed that all forms of bilateral cooperation with China are and will always be to the benefit of the Zambian people.
And President Lungu says the contraction of debt by Zambia was necessary to support the ambitious and critical infrastructure development programmes.
The Head of State however said government is committed to repay the debt.
The theme of the President’s speech was “Working Together To Achieve Vision 2030”.
Meanwhile, President Lungu has urged Opposition Members of Parliament to support the 2019 National Budget which will be presented by Minister of Finance Margaret Mwanakatwe.
President Lungu said his government is eager to return the country to low risk debt status, through macro-economic stability and growth.
The Head of State explained that this will be done within the confines of the 7th National Development Plan as well as effectively implementing the Economic Stabilisation and Growth Programme.
President Lungu has since called on stakeholders, such as the financial sector to help government, by making affordable financing available for the private sector.