Analysis of the Special Audit Report of the Auditor General on External Public Debt

The Office of the Auditor General (OAG) is Zambia’s Supreme Audit Institution (SAI). In accordance with the provisions of Article 250of the Constitution of Zambia (Amendment)Act No. 2 of 2016, the OAG recently published a Special Audit Report on External Public Debt of the Republic of Zambia for the period;1st January 2006 to 31st December 2022.This special audit report is important as it provides deeper insights into the utilization of Zambia’s public debt following a decade of unsustainable debt accumulation and consequent debt default.

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