Friday, April 19, 2024

President Lungu calls for debt relief and cancellation in light of reduced revenue in call with Chinese President

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President Edgar Lungu yesterday held a telephone meeting with President Xi Jinping of the Peoples’ Republic of China. During the meeting, the two Heads of State acknowledged the excellent relations between the two countries.

They undertook to further enhance cooperation at bilateral and multilateral levels for the mutual benefit of the peoples of the two countries. The Heads of State called for concerted global efforts and commended the World Health Organisation -WHO- for its leadership and coordinating role in the fight against COVID-19.

President Lungu, in addition, thanked President XI for China’s support to Zambia’s COVID-19 response.

President Lungu called for debt relief and cancellation in light of reduced revenue due to the negative impact of the pandemic, as well as competing needs for the country, to secure adequate resources to fight the pandemic and to stimulate the economy.

The two leaders agreed to continue working closely together to safeguard common interests, including on matters concerning the United Nations Security Council.

President Lungu reaffirmed Zambia’s commitment to the aspirations of the Forum on China-Africa Cooperation which has yielded tangible benefits for Zambia through a number of developmental projects.

President Lungu also reaffirmed Zambia’s continued support for the ‘One China Policy’ and applauded the introduction of the National Security Law that will ensure the long-term security and prosperity of Hong Kong.

This is contained in a statement issued to media News this evening by Special Assistant to the President for Press and Public Relations, Isaac Chipampe.

25 COMMENTS

  1. Why did Edgar spend so much on Rwanda accusation, why didn’t he just call Kagame instead of the coronavirus MP Malanje to apologize, and never ever again donate money to ….
    Anyway.

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  2. what a joker…..
    You borrow and steal the money then as for cancellation.
    The real world does not work like that Bwana

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  3. Hehehehe……

    What a useless begger this clueless theif is……..

    Covid is a blessing for lungu. He can now beg 24/7 to every light skinned person he talks to…..

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  4. Quarrels Involving Ambassador Frank Bwalya, His Wife And Chef Attracts Australian Govt Involvement
    By Patson Chilemba
    Domestic arguments involving Zambia’s High Commissioner Frank Bwalya and his wife Joyce on one side and the Zambian female-chef employed at their residence has attracted the involvement of the Australian government.
    Well placed sources familiar with the matter told Daily Revelation that there have been serious issues involving the Bwalya’s and the Zambian lady, only known as bana Chanda, who is employed by the Zambian government and attached to High Commissioner as chef at the envoy’s residence.
    Sources said the main assertion is that High Commissioner Bwalya’s wife, Joyce Nkunika has not been treating Bana Chanda well.
    Sources said the alleged mistreatment eventually…

  5. How much money do you need.You have fvckers like Lusambo dishing out money buying vote after you have stolen and brought the economy to its knees .

  6. And this is why I call him LAZY LUNGU…he has sold our country no shame no pride just a chance in State House.

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  7. Eagle 1 has spoken.putting this country first unlike that evil joker hh. Hh should seek help for mental health. Him and kanye west same bracket. Ati bally bally kwisa. Alipena xx

  8. LT, is misleading its readers of the phone call made by president Lungu to Chinese president Xi Jinping to be represented by the picture on the headlines of your reportage. Remember, recently you published false photos of developments on roads in Zambia when those photos were false as they were photos of roadworks from other countries and LT was attributing them to be Zambia’s – falsehood exposed.
    So, your photo of the two presidents in your reportage as though they physically met while it was a phone call meeting is misleading – again false.

  9. Imagine someone borrowing a lot of money from you, then after spending it all, recklessly, he asks you to right off that debt.

    Which planet does this Lungu live on?

    This man Lungu has taken us backwards by far.

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  10. Who is Mr Lungu not to be booed –Andrew Banda
    FORMER deputy high commissioner to India Andrew Banda has outlined failure of President Edgar Lungu and the PF that have precipitated booing.
    And Banda says UPND leader Hakainde Hichilema has been assisting chiefs in Southern Province and other parts of the country for a long time but does not blow his own trumpet.
    Banda, a senior UPND member, was commenting on the booing of President Lungu in Monze and the resultant chorus of declaration of certain areas as no go zones for Hichilema.
    Banda said declaring the Northern circuit as a no go area for UPND and Hichilema following President Lungu’s jeering in Monze was utter nonsense.
    He wondered how the PF expected people to be cheering for President Lungu when he had “failed them in more areas…

  11. Nkunku munadya na ma eggs mudyeso futi?

    Good luck if Xi Jiping will agree. My father taught me to be responsible and trusted with little and even in times of plenty I remain the same.

    PF must go!

  12. Ba J0n@ just reporting to kissing bwana’s toes & giving an update how Chambia province is doing well for the Chambia Mandarins.
    Any wonder if you mess with the Mandarins in Zed today, you are publicly humiliated & forced to issue a grovelling apology -(muchila pakati pa myendo)?
    There goes your answer.
    Lastly, JONA SHOULD RETIRE TO CHINA!!

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  13. Ba J0n@ just reporting to k!ssing bwana’s toes & giving an update how Ch@mbia province is doing well for the Chambia M@ndar!ns.
    Any wonder if you mess with the M@ndar!ns in Zed today, you are publicly hum!liated & forced to issue a grovelling apology -(muchil@ pakati pa myend0)?
    There goes your answer.
    Lastly, J0N4 SHOULD RETIRE TO CHINA!!

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  14. ‘Applauded the introduction of the National Security Law that will ensure the long-term security and prosperity of Hong Kong.’
    Never bite the hand that feeds you.
    The people of Hong Kong are being sold down the river.

  15. “President Lungu also reaffirmed Zambia’s continued support for the ‘One China Policy’ and applauded the introduction of the National Security Law that will ensure the long-term security and prosperity of Hong Kong”

    That is the problem with debt. You end up supporting things which the rest of the world is condemning.

    The Chinese government is openly oppressing Christian and Muslim populations in China.

    Because of the debt trap, ECL and the PF will support this oppression.

  16. Our President has no shame, he ask for debt forgiveness but allows to corrupt Ministers to serve in his government, he still flies his private jet at a huge cost, the owner of the 48 houses is still unknown and we still have not seen the fire trucks that the first lady went to collect in the US at great cost.

  17. Adada you are embarrassing us. We don’t borrow with a view to have our debt cancelled. Let people with global economics knowledge help you

  18. just thinking loudly, what would you say to a fish which takes your bait and then starts negotiating with you to leave it in the water so that you miss your targeted returns

  19. If he can pull this one out of a bag then we should support him because he need to deal with the debt under his watch.

  20. On the request for debt relief what did the President of China say in response? To qualify for debt cancellation and relief u have to make a case for the request. U can’t be financing luxuries and terrorism and then ask for debt relief. IMF has refused to grant Zambia Covid-19 related funding and has given its reasons for the refusal. China will consider Debt Relief and Cancellation for Zambia using the same reasons.

  21. I pity the masses who thought that the money they were getting for social cash transfer, moneys to marketeers etc during campaigns was from an individuals pocket.

  22. ECL has “applauded the introduction of the National Security Law that will ensure the long-term security and prosperity of Hong Kong”.

    What ignorance is this? This law gives China an authoritative grip on the autonomous territory of Hong Kong. It allows mainland China to have a foot in Hong Kong without challenge. More severe penalties like life in prison for ‘conniving with foreigners’. ‘Trials can be held in secret (Article 41) and without a jury (Article 46). Judges can be handpicked (Article 44) by Hong Kong’s chief executive, who is answerable directly to Beijing. Entire cases – from investigation to judgement to punishment – can be simply handed over to the mainland authorities (Article 56)’ ECL praises a new Chinese security law over Hong Kong that has been condemned by…

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