Where does the money go? Servicing debt versus servicing people

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This report attempts to highlight the heavy burden that the external debt imposes on Zambia’s prospects for development. At a time when poverty levels in the country are abnormally high, the burning question in every Zambian is: where does government money go? In answering this question we echo the sentiments of Julius Mwalimu Nyerere former and late president of Tanzania who observed that “the constant need to borrow in order to service debt; the constant need to service our debt in order to borrow—we can no longer get out of this vicious circle…” The objective of this study is to “reach policymakers and the public (NGOs, trade unions, church bodies, professional organisations, etc) interested in affecting change in the public expenditure patterns in Zambia both at the national and international levels for favourable outcomes of the Zambian poor people.”

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Have compassion for all beings, rich and poor alike; each has their suffering. Some suffer too much, others too little. Buddha