RENOWNED chartered accountant Andrew Chibuye has observed that the state is not giving much attention to the debt owed to its suppliers of goods and services. In a write up titled “Turning a New Leaf: The Latest on Zambia’s Debt Restructuring Journey,” Chibuye said quickly dismantling domestic arrears would help stimulate the economy as more liquidity would be made available. “Domestic arrears – an area that does not receive much attention is the debt owed to suppliers of goods and services to the government. Arrears, as commonly known, have been an area of concern. According to the Ministry of Finance and National Planning (MOFNP), total arrears reported in the domestic debt dismantling strategy for 2024 to 2029, released in August...

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