FINANCE Minister Situmbeko Musokotwane says among the many measures that government is undertaking to reduce the cost of borrowing from commercial banks is ensuring a reduced fiscal deficit. Dr Musokotwane says government is also focused on lowering inflation, which he says will help maintain stable interest rates and prevent lenders from demanding higher returns to offset inflation risks. The finance minister said this in the National Assembly on Friday, in response to Lufubu UPND MP Wesley Kolala, who wanted to find out what measures government was taking to reduce the cost of borrowing from commercial banks. “Some of the measures government is taking to reduce borrowing from commercial banks include the following: one; reducing fiscal deficits which is critical for...