UPND BORROWED MORE THAN ANY PREVIOUS GOV’T – ANTONIO

By NATION NYENDWA
THE UPND administration has borrowed more than US$6.2 billion in just two years and at the rate they are moving, they will borrow more than the past governments as there are no signs of ever slowing down, Antonio Mwanza has claimed.
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And Mr Mwanza has disclosed that there was no mess the UPND government inherited as the country’s economy was healthier than it had been in the last two years of the new dawn administration in office.
Mr Mwanza, the new Socialist Party deputy secretary general said if the UPND had borrowed $6.2 billion without undertaking any tangible developmental projects, one could only imagine how much they will borrow before their tenure ends.
Efforts to get a comment from Dr Situmbeko Musokotwane, the Finance and National Planning Minister failed as his mobile phone went unanswered and a WhatsApp text message asking him to confirm the claim was not responded to.
Mr Mwanza said no one knows how the debt that the UPND had contracted in two years was used for as there had been no economic infrastructure or industries with no employment being created.
“They are saying that they came to fix the mess but I tell you there was no mess that was left. It is the UPND that has started creating the mess in our economy and in Zambians lives and by the time they will be leaving, the country’s treasury would have gone,” Mr Mwanza said. Mr Mwanza said UPND came into government not because it was the most popular but it was on the basis that Zambians wanted change and the UPND at the time seemed to have been the only available alternative.
Mr Mwanza said UPND lied its way into government by making false promises, stating that when Mr Hichilema was in opposition, he used to say that Vedanta Resources would never have been tolerated.
He said it was shocking that the company that President Hichilema condemned while in opposition had suddenly turned out to be the best investor to take over the running of Konkola Copper Mine (KCM).
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