FINANCE and National Planning Minister Dr Situmbeko Musokotwane has confirmed that the exercise to cancel some loan-financed projects was started by PF, but says the former ruling party wasn’t aggressive enough as it was in their nature to borrow. And Dr Musokotwane says the cancellation of some loan-financed projects is not linked to the IMF programme. Shiwang’andu PF member of parliament Stephen Kampyongo recently said the cancellation of some loan-financed projects was a Cabinet decision which was made way before PF was voted out of office. Commenting on the government’s decision to cancel some loan financed projects to address debt challenges when he featured on Diamond TV, Monday, Kampyongo said it was interesting that the UPND administration wanted to portray...

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