Yes, we’ve borrowed – Dr Musokotwane

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Yes, we’ve borrowed – Dr Musokotwane

FINANCE and National Planning Minister Situmbeko Musokotwane has admitted that the new dawn administration has expanded the country’s external debt by borrowing but only to complete projects which were initiated by the Patriotic Front (PF) and are on advanced stage.

Dr Musokotwane said during the ZNBC Sunday Interview that the new dawn administration saw it fit to borrow so that capital projects which were started by former President Edger Lungu’s administration are completed.

Zambia’s external debt has increased from US$11.9 billion to an estimated US$14.7 billion in three years the UPND has been in power.

4 COMMENTS

  1. Liars.

    They have borrowed but we do not see where the money is going. Maybe that money is now in a Panana account.

    Let us reject conmen.

    Vote wisely in 2026.

    • Indigo Tryol iwe PF loser yes we have always bren voting wisely. Again we shall vote wisely by rejecting PF criminals and idiots. Abash guntrotting and Panga Wielding PF criminals for good. Zambia belongs to all Zambians not only PF /UKWA bag criminals and idiots.

  2. Which projects are these goons claim to be working on other than giving cadres money in the pretext of giving empowerment to communities. 90% projects done under CDF are either repainting or extending by a room or two on the already existing infrastructure.

    • 2.1 PF LOSERS FOR 2.1 PF IDIOTS ulimatuvi ankumba iwe PF criminal. Sindalama zanyoko iwe to start demonizing current leadership working hard to clean your PF mess. The justification has been provide by MoF but you still behave like a PF Rabid dog full of poison. Abash guntrotting and Panga Wielding PF criminals forever.

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