{"id":8365,"date":"2019-02-08T10:29:34","date_gmt":"2019-02-08T10:29:34","guid":{"rendered":"http:\/\/newsdayzambia.com\/?p=8365"},"modified":"2019-02-08T10:30:08","modified_gmt":"2019-02-08T10:30:08","slug":"debt-contraction-worry-kanyama-upnd","status":"publish","type":"post","link":"http:\/\/newsdayzambia.com\/?p=8365","title":{"rendered":"Debt contraction worry Kanyama UPND"},"content":{"rendered":"<p>By Staff Reporter<\/p>\n<p>&nbsp;<\/p>\n<p>OPPOSITION United Party for National Development Kanyama ward 11, 2021 aspiring candidate has expressed disappointment at the continued accumulation of debts by government.<\/p>\n<p>Beene Hachombwa told NewsdayZambia.com in an interview that borrowing without clear agenda of development had effects on the country\u2019s economy.<\/p>\n<p>\u201cState institutions will be taken away because of debt, if we over borrow this means we are risking the economy of this country,\u201d he said.<\/p>\n<p>Hachombwa explained that the gross domestic product for the country was down due to over-borrowing.<\/p>\n<p>\u201cWe don\u2019t know where the is going, this government has reached an extent of borrowing even to construct a toll gate,\u201d he said.<\/p>\n<p>He lamented that many Zambians were still wallowing in poverty.<\/p>\n<p>\u201cLook at the people of Chibolya, Kanyama and Bauleni, they do not have good roads and the sanitation in these compounds is poor,\u201d Hachombwa lamented.<\/p>\n<p>He pointed out that foreigners are everywhere in the country and taking up businesses, which should have been a preserve for Zambians.<\/p>\n<p>\u201cGo to Chongwe and City Market, you would find that these foreigners are selling maize and salaula (second hand clothes),\u201d Hachombwa said.<\/p>\n<p>Hachombwa added that the debt situation needed urgent solutions as the blunt of the effects were carried by the ordinary people.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Staff Reporter &nbsp; OPPOSITION United Party for National Development Kanyama ward 11, 2021 aspiring candidate has expressed disappointment at the continued accumulation of debts by government. Beene Hachombwa told NewsdayZambia.com in an interview that borrowing without clear agenda of development had effects on the country\u2019s economy. \u201cState institutions will be taken away because of [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/posts\/8365"}],"collection":[{"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8365"}],"version-history":[{"count":1,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/posts\/8365\/revisions"}],"predecessor-version":[{"id":8367,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=\/wp\/v2\/posts\/8365\/revisions\/8367"}],"wp:attachment":[{"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8365"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsdayzambia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}