FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the country’s inflation and Kwacha performance against major convertible currencies could have been worse without interventions from the IMF and World Bank. And Dr Musokotwane says he does not see the Kwacha depreciating in 2024 because of the investments expected in the mining sector. The kwacha has continued its depreciating trend to now average K26 per dollar. And reacting to some stakeholders’ concerns that the local currency had continued depreciating despite the IMF’s intervention, Dr Musokotwane said the situation could have been much worse without those interventions. He said the country was still suffering from the consequences of the huge debt burden. “I think people are forgetting the fact that we...