SECRETARY to the Treasury Felix Nkulukusa says should the war in the Middle East and tax suspension on fuel continue up to the end of the year, the country’s revenue loss will increase to about K11.97 billion. Nkulukusa adds that the country’s current debt stock stands at $28.9 billion. Meanwhile, Finance Minister Dr Situmbeko Musokotwane says government will push for reforms, stating that it is not to punish the public, but that it is the only way to take the country out of poverty. Speaking during the Town Hall Meeting, Thursday, Nkulukusa said the suspension of duty on fuel for three months would result in a revenue loss of about K1.3 billion per month. “I just thought I could talk...
