ECONOMIST Professor Lubinda Haabazoka says August expenditure figures show Zambia’s fiscal position is improving, but debt remains a major constraint on the budget. Meanwhile, Civil Society for Poverty Reduction (CSPR) says the Treasury release shows that government is meeting its obligations, but Zambia’s heavy debt burden continues to limit funding for development and essential services. On Sunday, government announced that it released K16.1 billion in August, 2026 for debt obligation, public services, social programmes and infrastructure development with K7.6 billion going towards debt service and domestic arrears. Responding to a query, Monday, Prof Haabazoka stated that the figures point to “some” improvement in Zambia’s fiscal position following debt restructuring, but that the country had not escaped the debt burden. “The...