GOVERNMENT says it has reduced its borrowing from the domestic market from K24 billion in 2022 to K16 billion in 2023 and hopes to reduce even further. In a speech read on his behalf by Finance Minister Dr Situmbeko Musokotwane during the launch of the Capital Markets Master Plan, Thursday, President Hakainde Hichilema observed that borrowing too much from the domestic market stifled the required capital for private sector growth. “Allow me to highlight the focus development areas of the master plan. The plan aims at enhancing the government bond market by implementing measures aimed at improving market operations. As a government, we have also realised that borrowing too much from the domestic market stifles the required capital for private...