It’s childish to say PF’s borrowing was an economic blunder – Lubinda

PF vice-president Given Lubinda says it is “extremely childish” for the Finance Minister to argue that the debt contracted by his was an economic blunder because it boosted economic growth. And Lunte PF member of parliament Mutotwe Kafwaya has wondered which debt his party hid. On Tuesday, Finance and National Planning Minister Dr Situmbeko Musokotwane told Parliament that the total government external debt as at end of June 2021, stood at US $14.48 billion. He said the growth of external debt from less than $2 billion in 2011 to its current levels reflects one of the worst economic blunders during the last ten years and had significantly contributed to the suffering seen today. But commenting on Dr Musokotwane’s remarks, Lubinda...