IN the past few years, we’ve seen how government has been responsible in the way they are borrowing, we hope that this trend continues even beyond 2024, says CSO Debt Alliance. On Sunday, Finance Minister Dr Situmbeko Musokotwane disclosed that Zambia’s external debt had increased from $13.04 billion to $14.7 billion, while domestic debt had risen from K194 billion to K225 billion since the UPND took over government in 2021. Commenting on Dr Musokotwane’s revelation, CSO Debt Alliance Coordinator Peter Mumba attributed the reduced borrowing in terms of external debt to government’s commitment to concessional borrowing. “If you look at the trends themselves, I think from around 2021 our external debt was sitting around $13.1 billion. Moving to what was...