Business and Financial Analyst Blessings Kafwanka has encouraged the government to ensure it reduces Zambia’s debt levels to sustainable levels.

And Mr. Kafwanka says Zambia’s huge debt is driven by the huge appetite for infrastructure projects undertaken by the government.

Mr. Kafwanka says it is important that the Zambian government reverses the negative tag put by the International Monetary Fund (IMF) of being in debt trap.

He tells Money FM News that the government should also consider reducing the huge appetite for capital projects as this is one of the reasons why the nation is in huge debt.

“We have to reduce this huge appetite for infrastructure projects and possibly focus on sectors such as agriculture, health, education, tourism and manufacturing if we are to sustain the economy,” he said.

He says he is expecting the government to allocate reasonable amount to the agriculture sector in the 2019 national budget as this has been identified as a key sector to earn the country some foreign exchange and not depend too much on copper.