This paper examines the current high debt stress situation in Zambia and proposes solutions for restructuring the country's debt. One approach discussed is the negotiation with creditors individually, in order to renegotiate terms and potentially reduce the overall debt burden. Another solution proposed is a debt buyback program, where a sovereign wealth fund and mobile bond crowd funding is utilized to purchase and retire a portion of the debt. While providing temporary liquidity relief, the debt restructurings may not address long-term debt sustainability concerns. Going forward, the success of the debt restructuring will still depend on Zambia’s ability to strengthen fiscal efforts and the public debt management framework. The article argues that these measures, if implemented effectively, can provide a viable path towards debt sustainability for Zambia.