Parley nods Govt borrowing plan
Published On July 11, 2024 » 407 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Musokotwane

By JAMES KUNDA –
PARLIAMENT has approved the amendment to the Government’s 2024 annual borrowing plan to allow for acquisition of funds for among other things payment of longstanding fuel arrears
Moving the motion of adoption yesterday, commitee chairperson Fred Chaatila said the amendment was necessitated by the refinancing of fuel arrears and the augmented financing support under the International Monetary Fund (IMF) Extended Credit Facility (ECF) due to the impact of drought on the economy.

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