Vice President Inonge Wina has reaffirmed that there is no debt crisis in Zambia.
Ms. Wina said even the World Bank has confirmed this affirmation which reflects Zambia’s position of not being in a debt crisis.
She said only champions of hate speech and opposition parliamentarians are fueling the debate contrary to government’s position.
The Vice President said this in parliament describing the purported ‘debt crisis debate’ in some sections of the media as unfortunate.
Ms. Wina, who is leader of government business in the House, assured the House that Minister of Finance Margaret Mwanakatwe will next week present the National Budget.
She further, wondered how government will present the budget if Zambia is really in a debt crisis.
“There is no debt crisis in Zambia. Where would we get the monies to have national budget,” the Vice President said.
And the Vice President has said Zambia is not the only country that has borrowed from China.
Ms. Wina said America, South Africa and Kenya among other countries have borrowed monies and wondered why Zambia’s debt is being dramatized, singled out of proportion and used as a tool to destabilize her development agenda.
She said Zambia will trade with any country to benefit the Zambian people.
“Zambia’s debt crisis is a smear campaign being pioneered by champions of own interests who want regime change, chase away foreign investors so that the donor community can lose confidence in our able administration,” remarked the Vice President.
Meanwhile, the Vice President has urged members of parliament who are well abreast and knowledgeable to refrain from stigmatizing foreign nationals.
Ms. Wina said Zambia enjoys cordial relationships with not only her neighbors but other countries on the globe.
She said singling out China is setting a bad precedent for the nation when Zambia attaches great importance to the bilateral international affairs.
The Vice President said stigmatizing foreign nationals is a recipe for xenophobia as witnessed in other countries and is tantamount to committing a criminal offense.
During the 45-minutes Vice President’s question time today, there was an uproar in the August House from amongst the Opposition Parliamentarians who alleged that government was favoring Chinese nationals who commit crimes in Zambia.
She however, said that no one is above the law and the law will be applied to whoever comes in conflict with it.