There’s Already A Subsidy On Fuel, We Can’t Do More – Finance Minister Musokotwane

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Zambian Minister of Finance and National Planning, Situmbeko Musokotwane (L-R) answers questions from the media April 25, 2009 during the IMF/World Bank Spring Meetings as Tanzanian Minister of Finance Mustafa Mkulo, (2nd L), Minister of Economy & Finance Charles Koffi Diby (2nd R) for the Ivory Coast and Ismaila Dieng (R) from the IMF External Relations listen at the IMF Headquarters in Washington, DC. IMF Photo by Robert Giroux

THERE’S ALREADY A SUBSIDY ON FUEL, WE CAN’T DO MORE – FINANCE MINISTER MUSOKOTWANE

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government is already subsidising the price of fuel by removing some taxes and it cannot do more than that because this can negatively affect other sectors.

And Dr Musokotwane says government cannot reveal the creditor country which is delaying Zambia’s debt restructuring process because that’s not diplomatic.

(Diggers)

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