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Alba Iulia
Thursday, July 2, 2020

President Lungu Urges the Commonwealth to support calls for debt relief or cancellation for developing member states

Economy President Lungu Urges the Commonwealth to support calls for debt relief or...

President EDGAR LUNGU has urged the Commonwealth to support calls for debt relief or cancellation for developing member states in view of the Coronavirus pandemic.

President LUNGU has also called for enhanced collaboration in research for the vaccination and cure of Covid-19 and mobilization of resources from the local and international community.

The President emphasized the need for concerted efforts among member states to address inequality and ensure gains made towards the eradication of poverty and zero hunger are NOT reversed.

President LUNGU says the most vulnerable – women and girls, persons with a disability, the elderly, and displaced persons – should be at the centre of recovery.

The President said this through Foreign Affairs Minister JOSEPH MALANJI during the Commonwealth Covid-19 Virtual Leaders Meeting.

Mr MALANJI was accompanied by the Ministry of Foreign Affairs Permanent Secretary for International Relations and Cooperation CHALWE LOMBE and other senior Government officials.

The meeting, convened under the theme “Sharing Solutions in Challenging Times”, addressed Covid-19 in the context of trade and finance, climate change, technology and experience sharing, and the Commonwealth’s role in promoting tolerance and social cohesion

The meeting was also informed that Zambia’s COVID response involves implementing strategic interventions in line with the guidance from the World Health Organization -WHO- and the Africa Centre for Diseases Control and Prevention, to mitigate and response t
the disease.

This is according to a statement released to a statement released to ZNBC News by Ministry of Foreign Affairs Public Relations Officer CHANSA KABWELA

[Read 1,427 times, 1 reads today]

32 COMMENTS

  1. It’s only a president who shows serious commitment to the fight against corruption.
    Protection of human rights and other good sounding words, like good governance, press freedom, accountability etc who gets debt relief from western financial institutions.

    Mwanawasa was able to get debt cancelation because he went for the God fathers not the low level capos (foot soldiers).

    And if asked by the debtors how the money was spent, I am sure PF government officials will have amnesia on where the money went.
    Iyi yeve nkani yankongole iliko bad for now, even prayers and fasting will not be answered.

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  2. Rubbish!
    After pf have stolen sackloads of borrowed money from national coffers! There is no democratic amd accountable government that can cancel such debts. Because even if they did, Lungu will just go and borrow a lot more. Lungu must account for the stolen money.
    When president Sata died, Zambia’s external debt was less than 5 billion USD. Now it is about 20 billion USD! And what do we have to show for it? Some poor quality roads, 1million dollar fire wheelburrows, 288thousand dollar ambulances, 17million USD contracts awarded to an unqualified individual to supply medical kits, and of course VERY RICH PF MEMBERS. Thats what 20billion USD has accomplished. smh

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  3. One of the funniest things about stolen money is that it borrowed is that it is only sweet for a short while and produces folly.
    For example take a lab technician with the intelligence of a grasshopper, and give him a few thousands he hasnt worked for…Then you will see him running around like a headless chicken boasting about buying or driving a range rover, every chance he gets. A range rover sure! Is that something a self respecting human being cam boast about? What a pitiful site!
    Those that have worked for money rarely have to boast. Bill Gates, Dangote, etc.

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  4. Mobutuism means empty state coffers but rich politicians who can even donate money to the very institutions the state is supposed to fund.

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  5. A Chinese gold miner in central Zimbabwe allegedly shot and injured two employees following a wage dispute before being arrested by police on charges of attempted murder, local media reported Tuesday.
    The 41-year old Chinese national, Zhang Xuelin, who doubles as proprietor and General Manager of Reeden Mine near the city of Gweru, allegedly shot and injured 31-year old Wendy Chikwaira and Kennedy Tachiona aged 39, according to the New Zimbabwe news website.
    Chikwaira and Tachiona reportedly approached Xuelin to demand their unpaid wages before they got into a brawl that ended when he shot and wounded them.
    Reeden Mine is located some 25 kilometers (15.5 miles) south of Gweru along the Matobo road.
    Tachiona sustained several gunshot wounds and was admitted to a private hospital in…

  6. @Nemwine yes, that too lol
    A really sad case of a human being. To be honest, I think the man needs psychological help.

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  7. Just pay back kongole. This is a work call for you guys to set your priorities right. You can’t pay rent using kongole, buy food using kongole, buy clothes using kongole and pay medicals using kongole. “Palibe Future apa”

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  8. Wise words from his excellency. Pan Africanism is what is needed. The west themselves are struggling economically due to covid. So how can they expect payment during these unprecedented times. After all the western world is built on our sweat and blood and resources which were exploited by the imperialists. However the ignorant diasporans who don’t know their history will support their imperial master, even when they are facing systemic racism and seen as monkeys.poor brain washed inferior hippos

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  9. Zimbabwean authorities say people who cannot explain where their wealth came from are in danger of having their assets seized even if courts clear them of a corruption allegation.
    The new operation was “an intensive lifestyle audit” of the rich, said the chairman of Zimbabwe’s anti-corruption commission Justice Loyce Matanda-Moyo.
    The country is facing its worst economic crisis in more than a decade.
    There is mounting public anger over poor services and corruption.
    “This is an intensive lifestyle audit on some of the rich people. They have to produce their invoices on what goods or services they rendered and this has to match the value of the acquired properties. We will also be checking if these people or their businesses were paying taxes.” Justice Matanda-Moyo told Zimbabwe’s…

  10. Continue
    Justice Matanda-Moyo told Zimbabwe’s Sunday News .
    The operation is using powers the commission gained in July 2019 to demand an explanation for how people earned their wealth – known as an unexplained wealth order.
    Is Zimbabwe once more on the brink of collapse?
    People under investigation can go to the High Court to account for their wealth but failure to do so automatically results in seizure of their assets.
    Zimbabwe is not the first country to reverse the burden of proof, requiring individuals to explain the source of their wealth. Ireland and the UK both changed their laws to introduce unexplained wealth orders in 2017.
    Zimbabwe: Key facts. [ 15.6 million size of population ],[ 63% live below poverty line ],[ 23% of children have stunted growth ],[ 785.5% official…

  11. Continue
    Zimbabwe: Key facts. [ 15.6 million size of population ],[ 63% live below poverty line ],[ 23% of children have stunted growth ],[ 785.5% official annual inflation rate in May ],[ 387 coronavirus cases since March ],[ Four coronavirus-related deaths ], Source: Sources: WFP, Zimbabwe's National Statistics Agency, Johns Hopkins University, Image:
    The corruption watchdog Transparency International recently singled out a Zimbabwean case of coronavirus medical supply procurement as looking suspicious.
    The organisation said the prices of the medical supplies were highly inflated, indicating possible corruption.
    Subsequently, on Saturday, the country’s Health Minister Obadiah Moyo was charged with the criminal abuse of office related to the contract.
    He is expected to appear…

  12. “an intensive lifestyle audit” in Zimbabwe sounds like a joke. It will mark the end of ZANU-PF as a criminal and terrorist organisation.

  13. This ***** of a president still gasping air upto now!

    Why can’t he fire Chitalu Chilufya and throw the keys in lake Mweru.

    PF must go!

  14. KZ,HE IS WISE TO U NOT TO ALL OF US ZAMBIANS. U KNEW WHEN YOU WERE CONTRACTING THE DEBTS.ZAMBIA IS WORSE CZ YOU HAVE STRIPPED IT FOR PERSONNEL USE

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  15. BWANA YOU BOUGHT MILITARY TRUCKS TO TERRORISE YOUR OWN PEOPLE, JUST RETURN THEM TO THE OWNERS. IN CASE YOU FORGOT BWANA LUNGU YOU ALSO BOUGHT A JET ON NKOGOLE. RETURN THOSE THINGS YOU HAVE NO MONEY. BWANA YOU HAVE EYES BUT YOU DO NOT SEE. WHY IS DR CHILUFYA NOT YET FIRED FROM MINISTERIAL POST?

  16. That is all lungu knows……

    Borrowing , stealing , violence, stealing then
    Begging for relief …….

    Don’t give lungu any relief , he will only use the money on his thugs and use it to shut independent media…….

    in any case even if you wipe off all debt and give lungu $5 billion , lungu and pf will only bankrupt the country in less than 3 years

  17. Cancel debt? How? President Lungu you cannot eradicate poverty and hunger based on debt cancellation. redress our national resource optimization strategies and find better models of nor-corrupt dispensation of our funds. Debt relief not sustainable.

  18. God damn, look at how disgusting the area around Chagwa’s mouth has become, this is being the kanamucompolile, too much ukulila mwibala now even his mouth looks like CliDoras’ genetalia!

  19. independent for over 50 years and you say developing countries. Zambia with the resources it has should be way better than it is today.

  20. Kz ulichipuba Sana pa last ukatasha namafi. When you were told to reduce on borrowing what were you saying we have the capacity to pay! Today your boss is crying for debt cancellation and you are busy clapping what a fool you are together with your whatever it.

  21. Those calling for debt relief to Zambia after deliberately sinking the country better begin by reading that little yellow book by Noreena Hertz entitled ” I.O.U The debt threat and why we must diffuse it”. This book chronicles in part how Zambia was given debt relief and the behind-the-scenes negotiations that went with it. It is laughable if not irresponsible for government officers and their cronies who have arrogantly gone on a borrowing spree against all advice to turn round and cry wolf in front of the debt mountain. Moreover to attempt to link COVID-19 to the Zambian debt is quite baffling because the Zambian debt mountain was erected with arrogance and fanfare way before SARS-CoV-2 pandemic. It’s payback time dudes, it is!

  22. Lungu is the epitome of a thug from chawama and he looks more and more like a dying hyena together with Kz and their half white master Valden Findlay.
    Zambians…..you have the power to remove the entire PF government and put them all in jail where Dora will be the full time bed warmer.
    If you done wake up then you are all joining Zimbabwe
    PF must go or Zambia dies

  23. Aba bena ba KZ bu colour bweka bweka fu of amanyami .the economy is bad because there is no shortage of thieves in the government . They only care about there pockets and bank accounts .

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