ECONOMIST Professor Lubinda Haabazoka says the reduction in the country’s external debt payments will free up resources, which can be used for public services and social programmes. Last week, Secretary to the Treasury Felix Nkulukusa said the country’s current external debt-service payments had reduced to approximately $900 million per annum due to debt restructuring. Commenting on the matter in an interview, Saturday, Prof Haabazoka said reduced debt payments would help grow the economy and increase government revenue. “The announcement by the Secretary to Treasury just means that the Zambian government now has more free resources for other activities. That normally happens when the government has a list of revenue and expenditures, and part of that expenditure, the government spends on...