UPND ATTRIBUTES THE HIGH COST OF LIVING TO PF’s OVER BORROWING

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Trevor Mwiinde

UPND ATTRIBUTES THE HIGH COST OF LIVING TO PF’s OVER BORROWING

By Respite Kaoma

The United Party for National Development (UPND), Deputy National Youth Chairperson Trevor Mwiinde, says the blame for the soaring cost of living should be placed on the previous government.

In an interview with Mafken FM radio, Mr. Mwiinde emphasized that while the high cost of goods and services is undoubtedly a pressing issue, it is a consequence of factors beyond the control of the current UPND leadership.

Mr. Mwinde however pointed to international oil prices and the legacy of over-borrowing by the previous administration, which he alleges borrowed irresponsibly for consumption rather than investment.

He underscores that despite the UPND’s efforts to steer the country’s governance, the spike in prices is not indicative of mismanagement by the new administration.

And in a statement availed to Mafken FM radio, UPND-in Ndola District party Spokesperson David Zimba has advised opposition political parties to put an end to their continued complaints regarding the poor performance of the kwacha and understand the factors leading to its performance.

MAFKEN FM

4 COMMENTS

  1. Kikikikiki. Thought you calculated? Conmen. You have fixed Zambians . Maize left by ECL in thousands of tons sold to Congolese and you boast ati’ It’s not politics as usual but serious business ‘ Kikikikiki businessmen. Now njala izatunyokola.

  2. What has the high price of the maize got to do with overborrowing by PF? Is it not because UPND exported the surplus maize stock left by the previous government that the shortfall in maize supply has led to the high price of mealie meal? Now you subject poor Zambians to eating imported South African GMO maize that is fraught with all manner of health risks from allergies to cancer. This will compound the country’s incidence of cancer that is one of the highest not only in Africa but the whole world. This will be more so considering how much the maize meal is consumed by many poor Zambians.

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