{"id":8974,"date":"2021-11-01T13:06:32","date_gmt":"2021-11-01T13:06:32","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane"},"modified":"2021-11-02T13:34:34","modified_gmt":"2021-11-02T13:34:34","slug":"we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","title":{"rendered":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speaking when he appeared on ZNBC\u2019s Sunday Interview, Dr. Musokotwane said that the money borrowed will be used to repay the $750 million Eurobond. The Minister clarified that in actual terms, the UPND Government is only borrowing $200 million dollars for consumption in the Health Sector.<\/p>\n

Dr Musokotwane said that on the surface if it, it looks like the government has borrowed a lot of money, but in reality, there is very little that the UPND government has borrowed and the big chunk is used to refinance the current debt.<\/p>\n

\u201cThat amount of money that we are talking about, $750 million, is actually money that we are going to borrow to pay off that first Eurobond which we got which is due next year. So we are actually refinancing,\u201d Musokotwane said.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speaking when he appeared on ZNBC\u2019s Sunday Interview, Dr. Musokotwane said that the money borrowed will be used to repay the $750 million Eurobond. The Minister clarified that in actual terms, the UPND Government is […]<\/p>\n","protected":false},"author":84,"featured_media":8973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,235,2133,2098,233],"class_list":["post-8974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-finance-minister","tag-situmbeko-musokotwane","tag-zambia"],"yoast_head":"\nWe are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane - Zambia<\/title>\n<meta name=\"description\" content=\"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane\" \/>\n<meta property=\"og:description\" content=\"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-01T13:06:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-02T13:34:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane\",\"datePublished\":\"2021-11-01T13:06:32+00:00\",\"dateModified\":\"2021-11-02T13:34:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\"},\"wordCount\":165,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Finance Minister\",\"Situmbeko Musokotwane\",\"Zambia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\",\"name\":\"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane - Zambia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg\",\"datePublished\":\"2021-11-01T13:06:32+00:00\",\"dateModified\":\"2021-11-02T13:34:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg\",\"width\":800,\"height\":500,\"caption\":\"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/zambia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/\",\"name\":\"Zambia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zambia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane - Zambia","description":"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","og_locale":"en_US","og_type":"article","og_title":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane","og_description":"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...","og_url":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","og_site_name":"Zambia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-11-01T13:06:32+00:00","article_modified_time":"2021-11-02T13:34:34+00:00","og_image":[{"width":800,"height":500,"url":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane","datePublished":"2021-11-01T13:06:32+00:00","dateModified":"2021-11-02T13:34:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane"},"wordCount":165,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg","keywords":["Africa Press","Africa Press-Zambia","Finance Minister","Situmbeko Musokotwane","Zambia"],"articleSection":["all news","economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","url":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane","name":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane - Zambia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zambia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg","datePublished":"2021-11-01T13:06:32+00:00","dateModified":"2021-11-02T13:34:34+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Finance Minister, Situmbeko Musokotwane has said that Zambia is going to borrow $2.4 billion for 2022 financial. Speakin ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#primaryimage","url":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg","contentUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2021\/11\/img-61813e4b74cf8.jpg","width":800,"height":500,"caption":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/we-are-just-borrowing-2-4-billion-to-refinance-the-debt-musokotwane#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/zambia\/"},{"@type":"ListItem","position":2,"name":"We are just Borrowing $2.4 billion to Refinance the Debt-Musokotwane"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zambia\/#website","url":"https:\/\/www.africa-press.net\/zambia\/","name":"Zambia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zambia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts\/8974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/comments?post=8974"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts\/8974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/media\/8973"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/media?parent=8974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/categories?post=8974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/tags?post=8974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}