GOVERNMENT has disclosed that in December 2024, it released K23.1 billion for public service delivery, of which K3.9 billion went to the public service wage bill and K12.7 billion was spent on debt service and arrears. Finance Minister Dr Situmbeko Musokotwane says the fact that 55 percent of the budget releases for December 2024 went towards debt service is a reminder of the fiscal disaster that would have befallen the nation had the debt not been restructured. Meanwhile, Dr Musokotwane says government will this year work hard to attain a real GDP growth rate of 6.6 percent and reduce inflation to the 6-8 percent target band in the medium-term. This is according to a statement issued by the Office of...