Domestic borrowing raises Inflation.
Zambia’s amended 2026 Annual Borrowing Plan (ABP) has introduced new instruments and altered risk profiles within the domestic debt portfolio. This has sparked concerns among analysts over inflationary pressures and private sector growth. Economist Alinaswe Simfukwe warned that government’s increased reliance on domestic borrowing to finance the K34.5 billion fiscal framework could heighten inflation risks. […]