FINANCE and National Planning Minister Dr Situmbeko Musokotwane says if another drought were to occur, the country would not face the same challenges with electricity due to diversification of energy sources. And Dr Musokotwane says government has deliberately not restructured Zambia’s domestic debt to avoid a banking crisis as most of the debt is owed to banks. Speaking at the town hall meeting on the mid-year budget performance, Thursday, the Finance Minister however said other sources of energy such as coal and solar were unfortunately bound to be more expensive than hydro. “Yes, today we still have a problem with electricity but I can assure you that the reforms that have been undertaken if another drought was to happen, it...
