Zambian Workers Applaud Debt Swap

 

The Zambia Union of Government and Allied Workers in Western Province has applauded government for the debt swap initiative, stating it will provide relief to public service workers.

Union Chairperson Sambiana Samwaka said the debt swap has come at the right time to relieve civil servants from financial challenges.

Samwaka has urged civil servants to take advantage of the opportunity.

And the Zambia Civil Servants Initiative Association -ZACIA- in Lukulu District says those politicizing the move by government to boost the financial status of public service workers through a debt swap do not mean well for Zambians.

ZACIA Chairperson James Zulu says the implementation of the debt swap is well intended and progressive as it will result in huge relief for most civil servants with debts from various lending institutions.

And ZACIA Secretary Mukuwa Mbangweta says a freeze on loan deductions for the next three months will give civil servants a breather and room to prepare for the actualisation of the Debt Swap.

Source: ZNBC《》RT

Rate this item
(0 votes)
Super User

We moderate the comments

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.