Situmbeko Musokotwane Reports Zambia’s Public Debt at US$28.9 Billion

2026-02-20 - 06:37

Zambia’s total public sector debt stood at US$28.9 billion as of December 31, 2025, Finance Minister Situmbeko Musokotwane has announced. Delivering a Ministerial Statement to the Parliament of Zambia on Thursday, Dr. Musokotwane said the debt stock reflects marginal increases in both domestic and external obligations. He explained that the total comprises US$16.1 billion in