GOVERNMENT has proposed to spend K71.9 billion on debt service payments in 2026, K66.4 billion in 2027 and K70 billion in 2028. This allocation includes interest payments for both domestic and external debt, as well as principal repayments. According to the 2026-2028 Medium Term Budget Plan Green Paper, released by the Ministry of Finance and National Planning, government will continue to dismantle domestic arrears, allocating a total of K24.6 billion for meeting government liabilities. “Over the medium term, Government projects to spend a total of K208.3 billion on Debt Service Payments which includes an allocation for interest payments for both domestic and external debt as well as for principal repayments. Of the total amount, K71.9 billion or 7.8 percent of...