ECONOMIST Lubinda Haabazoka says the K4.5 billion revenue collection deficit which ZRA has recorded does not imply inefficiency, arguing that it is an indication that the economy itself does not have an opportunity to provide the resources. And Haabazoka ZRA’s K125 billion revenue collection target for 2024 is unattainable because the economy is in a contractionary mode. On Wednesday, ZRA disclosed that it had recorded a K4.5 billion revenue collection deficit for the period January to November 2023. Commenting on this in an interview, Dr Haabazoka said the tightened monetary policy rate had sucked money out of the economy. “Well, I think that it was expected that ZRA was going to collect less. What we are seeing now is that we have faced...