THE National Assembly has authorised government’s plans to raise additional debt financing of K6 billion in domestic financing and $490.78 million in external financing in order to respond to the drought. Presenting the report of the Planning and Budgeting committee on the consideration of the 2024 Annual Borrowing Plan Amendment, Wednesday, Moomba UPND member of parliament Fred Chaatila said of this additional external financing, government plans to disburse $195.5 million in 2024. Meanwhile, Finance Minister Dr Situmbeko Musokotwane says it is sensible for government to “borrow cheap money and use it to repay more expensive money”. Debating the Report, Wednesday, Shiwang’andu PF member of parliament Stephen Kampyongo said he had no objection with government borrowing, but his concern was against...