A new Norwegian NGOs report on the Zambia - China Relations paints a bleak picture of Zambia's weak external debt control mechanisms.
According to the report, loan contracts between China and Zambia are not open to public scrutiny, leaving a lot of power in the hands of the President. The new post-HIPC loans are often made at the highest political level, and because of the lack of transparency the agreements are not available to parliament, civil society or media.
Read the complete post at http://www.memeza.com/story.php?title=From_bad_DAs_to_new_shambolic_loans
Posted
Mar 21 2008, 01:55 AM
by
memeza / Zambian News