“REDUCE ON BORROWING”-GOVT TOLD

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“REDUCE ON BORROWING”-GOVT TOLD

Sinkamba-P

 

The Opposition Green Party has reiterated the need for the patriotic front administration to explore other potential sources of revenue that will go towards financing social services in view of the continued increase of the country’s external debt stock.

 

Last week finance Minister Margaret Mwanakatwe indicated that the external debt stock as at close of the third quarter was 9.51 billion United States dollars from 9.37 billion United States dollars at the end of second quarter of 2018.

 

And Green party Leader tells 5fm News that for a long as the government does not broaden its revenue base, it will continue borrowing.  

 

 

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