ECONOMIST Dr Lubinda Haabazoka says the rate at which domestic debt is rising compared to external debt is worrying. Dr Haabazoka has urged government to forego certain projects when it feels there are no resources. On Friday last week, government disclosed that domestic debt rose to K242 billion at the end of August 2025, up from K229.4 billion in December 2024, while external debt stood at US$15.78 billion in June. Commenting on this in an interview Monday, Dr Haabazoka said the rise in domestic debt was concerning. “Of course, it (domestic debt rise) is of great concern, but both domestic and foreign debt are growing. Unfortunately, we are looking at domestic debt. What normally happens is that when you have...






















