Friday, June 14, 2024

We borrowed to develop Zambia, Given Lubinda

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The Opposition Patriotic Front (PF) Vice President Given Lubinda, has scoffed at what he described as President Hakainde Hichilema´s desperate attempt to musk his inertia on economic development by blaming the former ruling party on how much it borrowed to develop Zambia.

reacting to a statement the government issued to Bloomberg regarding the extent of the Zambian debt on 21st October which he said needed clarification to the international world and the locals too, Mr. Lubinda said that the statement issued by Mr. Hichilema´s government provided nothing new about the debt stock that stands at about US$13 billion and yet the Hichilema government made it appear as if the debt was reckless.

“Mr. Hichilema as a President of Zambia needs to be reminded yet again that the debt or the money we borrowed went into good use and Mr Hichilema must be grateful about it and not be glib, as the investment of the debt gives him a head start,” said Mr. Lubinda.

Mr. Lubinda said that the PF government under President Lungu borrowed money for the following, among many others, to build 8 public universities in various provinces, to build 650 health posts (490 done to date) that are reducing mortality and maternal deaths in Zambia today, to build 14, 000 class rooms, to build 8000 kms of roads around the country in order to make communication and business efficiency, to erect communication towers which actually enabled Mr HH to communicate with the youth and win him a one-term election, to increase electricity generation capacity and supply from a meagre 1,700 MW in 2011 when we took over from MMD to 3250 MW when we left office in August 2021, to increase agriculture capacity through programs such as FSIP in order to enhance food security, to build international airports that make Zambia a hub for regional and continental trade

Mr. Lubinda further said that Zambia now has three medical universities because of the PF which built specialist and ultra-modern general hospitals in districts that hitherto did not have rural health centers and build maize sheds across the country and ended the perennial wastage of crops due to rain, which has happened this year after 10 years.

Mr. Lubinda said President Hichilema should be grateful that he is starting off on a sound footing of good infrastructure which he must build on instead of crying every day as though he is still in the opposition.

“We borrowed for production, we did not borrow for consumption and Mr. Hichilema must stop trying to get local and international pity via a bad debt campaign, he is looking cheap and desperate and yet his problems are just beginning,” said Mr. Lubinda.

The PF VP said, “whether he (Hichilema) likes it or not, we are bouncing back in the office in 2026 because Mr. Hichilema and his people will not live up to their “over-promising”. We are coming back and we will win, just watch this space.”

Mr. Lubinda urged President Hichilema to “Stop blaming and start working.” adding that farmers are waiting for 12 bags of fertilizer today and at the price of K250 and wondered where Mr Hichilema is with the 2020 to 2021 bumper harvest rotting the 2.8 million still waiting on him regarding his numerous campaign promises.

“It is time for him to show them what he can do. Need he be reminded that the people did not vote for him to use state resources and state authority to demonize the previous government, they voted for him because he made them believe that he had a better agenda than the other parties for Zambia. The sooner he got down to delivering on his promises the better,” he concluded.

40 COMMENTS

  1. Borrow to develop Lusaka? Mpongwe-Machiya road dangerous.The breadbasket of Copperbelt completely neglected.No functional hospital.
    Zambiias number one road for export, Lusaka-Ndola a nightmare and very dangerous road to travel on.
    Disnfunctiinal CT Scanners, Neglected Cancer Hospital.No medicine to cancer hospital for 2 years.Linear machine for treating prostate cancer dead.
    How can anyone believe PF.
    If you’ve no money to go to India or South Africa you’re condemned to a slow painful death
    Lubinda haphazard development at exaggerated cost to benefit cronies and cadres is not development.
    It’s a development by cadres for cadres by cadres.

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  2. Good counter Bo Lubinda. Bally and his cronies need to grow up. They will not achieve anything by going out to cry to the international community about the debt they have inherited. They have themselves indicated they are also borrowing for capital projects. If borrowing was bad they would have desisted from doing what PF was doing by going out to borrow.

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  3. Yes you borrowed for yoiur benifit as well
    NOT for the poor amongst us !
    Carry on and drag PF further down
    the nation will thank you then

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  4. Lubinda and your PF party are an embarrassment to Zambia. Your aim of borrowing was on the pretext of developing Zambia yet 90% of borrowed monies went into your pockets of you corrupt thieves. If we could only pounce on the K65 million CASH from Faith Musonda how much more stolen money in cash or electronic transfers have we not been able to find as yet did you steal?? The blood of those who died in hospitals due to lack of medicines is on you thieves!! You are better of retiring & eating your stolen monies quietly than making noise irritating us without shame.

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  5. Jigga Kayama Simangulungwa (formerly Corruption scandals: 48 Houses Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans Honeybee) Jigga Kayama Simangulungwa (formerly Corruption scandals: 48 Houses Social Security Cash Luxury Presidential Jet Ambulances Fire Trucks Mukula Trees Ndola-Lusaka Rd Malawi Maizegate Fuelgate Swaziland landgate Zesco Loans Honeybee)

    More like “we borrowed to steal and enrich ourselves”. But how come then you couldn’t defend your own record at elections?
    The roads he’s talking about that were costing $1 million per km, and incomplete.
    Please Mr Lubinda, shut the funk up and sit down. Don’t you see that they are using you after they stole and lost, they all scampered away and went into hiding.

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  6. Who borrows 40 percent of their GDP in the world and still talks about it as if all is well, something terribly wrong here. No wonder PF was kicked out

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  7. Lubinda says they borrowed for production not consumption. They borrowed for ill-advised infrastructure projects, because they had no plan or money for people to have jobs to buy gas to drive on the new roads; they had no money for medicines and health care workers for the new hospitals or for maintenance for state of the art equipment they supposedly purchased; and no money for teachers or books for the new schools/universities.
    This isn’t even to talk about the corrupt tender processes they utilized to pay themselves with what they borrowed at our expense.
    I think Lubinda thinks he’s talking to fools.

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  8. Mr Lubinda! Did you count the money that lined your officials pockets through corruption?! You seriously undermined citizen’s freedoms and were fast turning Zambia into a police state. Yes the PF borrowing was reckless because you had too many leakages, which is why the poverty levels in Zambia are unbearable! Let your party take time to do some introspection and perhaps you might salvage something.

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  9. “President Hakainde Hichilema´s desperate attempt to musk his inertia on economic development by blaming the former ruling party on how much it borrowed to develop Zambia…..”

    After 3 months in office ati inertia on economic development…….?

    You can see PF are used buying themselves out of problems by dishing out cash………..

    Hence the root of their problems……….

    Economic planning to fruition is not a an overnight thing, you dullards……..

    Starting with the rule of law, everything will fall in place……..

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  10. Lubinda don’t mock the Zambians, u borrowed to enrich yourself not the Zambians. Wait until u behind bars, u think Zambians are stupid. We gave u the responsibility to make zambia a better country for the Zambians, bt at it today? Zambians are suffering ad you ad the PF crowns are enjoying the loot. Better u shout up.

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  11. If Bally can take three (3) months to appoint one (1) permanent Secretary ( my good friend John Msimuko at Green Economy), then I do not know how much more time he requires to fulfil his promises. We may have to wait for the end of the world before other Ps’ , ambassadors and parastatal board members are appointed and promises are fulfilled. Mind you, there are decisions in those parastatal bodies that cannot be made without the approval of the boards. So, as things stand, very little decision-making is taking place in parastatals without boards. Zambians may have to decide whether to wait for the end of the world for Bally promises to be fulfilled as Bally supporters seem to be urging them to do, or simply put a stop to this senseless procrastination in 2026.

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  12. This culture of borrowing, and not knowing how or when you will pay back should end with PF.

    Even normal household do not operate that way. I mean the normal sensible households.

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  13. That’s the PROBLEM with PF leadership. They have no shame. Lubinda, if you want your party to rebrand and win Zambians hearts again. Change your silly dirty Games and Apologize to Zambians. You people borrowed to make yourselves Rich. Stop Embarrassing yourself. By the way has your Daughter stopped working at Chongwe Toll Gate? Where you stole more money???

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  14. HH doesn’t know where to start from. He is overwhelmed by the lies he told Zambians.

    Mr. Lubinda sir, hh is heading for doom. He doesn’t know what to tell Zambians anymore. He thinks he is till in opposition.

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  15. Even in a home, you borrow responsibly, people are hungry and you say you borrowed for development. the level of non remorse is beyond comprehension. People are hungry and PF are still saying they developed the country, very insensitive. If you developed the country why did the people of Zambia reject PF, its like it has not sunk in yet

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  16. Sure you did.
    They cried you stole but they can’t even convict one.
    No, not one.
    Good will mad man’s cracked feet. Hh in opposition ran to the West to prevent investment and now he cries empty treasury.
    Zambia is rich, it’s the idea that is missing. The chap in state house seem idealess. Every vibe he makes its yet another blunk promise. Every sick time he opens his mouth.
    You shall know them by their fruits.

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  17. Can Bo Lubinda tell us how much they paid back on the loans the borrowed for grossly inflated infrastructure?

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  18. Borrowing for development is okay; the issue is the steal. You used three quarters and stole a quarter.

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  19. You borrowed so that you can steal by overpriced fire tenders, overpriced ambulances, overpriced roads etc etc all of which now you have left for the zambian people to pay while you stash the excess with girlfriends such as faith mysonda and the rest buy properties in dubai. I wish there was sharia law here.

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  20. Given Lubinda cant be a leader on any given day, no wonder PF cadres have been very categorical and resolute that they don’t want leaders who made PF loose power like Given, Kambwili and Nakachinda. PF needs new progressive young men to rebrand the party and remove the corrupt, incompetent, tribal and caderism tag associated with PF over the years For now PF is in ICU for sure, even the Kaumbwe oxygen will run out

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  21. Nostra why do you find my picture disgusting? Very laughable. How does my picture affect your life? Concentrate on debating things of national importance

  22. I think Lubinda is becoming mental. He needs help. This what happens when do so many wrong things. You start to believe and justify the wrong you did. If you developed Zambia why is debt far higher than investments? You cannot borrow more than $12 billion and barely anything tangible to account for it.

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  23. His Right To Say, “They Borrowed To Develop Zambia”! It Was 50+ Years Of Poor Infrastructure,50+ Of No Proper Airport, It was 50+ ,of No-Proper Roads, What Was There Manifesto, “Infrastructure Development”, Have They Delivered?, Every Country Borrows, And Every Country Is Indebted. We Have To Learn That Economic Growth Doesn’t Only Mean Money In People’s Packets, Economic starts with Infrastracture,Cause Only Then Can We Attract FDI Into The Country, Then Jobz Can Created, Then People Would Eventually Live A Handsomely Life. So Lets Not Just Be Critical Of PF Unnecessarily

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  24. Mr.Lubinda is 100% RIGHT,What PF did will remain zamba properties.They did a lot,it is unfortunate that people think development is reduce price of food.Police Houses,Roads,Schools when were they built.People move and see other Countries develop their Roads,Schools etc.PF did a lot,just that people think that Govt must control food prices

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  25. Cimbwi no plan! HH will spend his 5 years blaming PF and witch hunting instead of working. If Seer 1 and the world have the eyes to see what ECL and PF have done who are UPND not to give credit where it belongs. Mind you, UPND will soon learn that some of their members who are in the cabinet actually ‘ATE’ with PF.
    The ministers are always talking about restructuring this and that, a clear indication that they do not have plans of their own. They are also busy trying to see where money was “EATEN” in their ministries and departments instead of beginning to work. Maybe, who knows, they may want to learn how it was done so that they follow foot steps of their predecessors. Work ooooooo instead of hunting for thieves!
    Had ECL won, we could have probably seen the re-development of the…

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  26. THANK YOU PF FOR WHAT YOU DID TO THIS COUNTRY, YOU HAD THE POLITICAL WILL TO DO IT. YOU TOOK OVER FROM WHERE UNIP LEFT OFF AND STARTED TO RE-DEVELOP THE COUNTRY. OUR FUTURE GENERATIONS WILL USE THE INFRASTRUCTURE THAT YOU BUILD. IGNORE THESE SHORT SIGHTED AND SELFISH PEOPLE WHO WANT TO BENEFIT AND FORGETTING THAT THESE ARE FOR THE FUTURE GENERATIONS. AMERICA DESPITE ALL THE THINGS THEY HAVE HAVE GONE TO BORROW 6 TRILLION DOLLARS TO START MAKING MORE INFRASTRUCTURE. COME 2026 WE HOPE THE UPND WILL HAVE SOMETHING TO POINT TOO AS WELL.

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  27. What countries have the largest debt in the world? Zambia is not one of them. Here is a list of the top ten countries with the most national debt according to IMF data:
    Japan (National Debt: ¥1,028 trillion ($9.087 trillion USD))
    Greece (National Debt: €332.6 billion ($379 billion US))
    Portugal (National Debt: €232 billion ($264 billion US))
    Italy (National Debt: €2.17 trillion ($2.48 trillion US))
    Bhutan (National Debt: $2.33 billion (USD))
    Cyprus (National Debt: €18.95 billion ($21.64 billion USD))
    Belgium (National Debt: €399.5 billion ($456.18 billion USD))
    United States of America (National Debt: $19.23 trillion (USD))
    Spain (National Debt: €1.09 trillion ($1.24 USD))
    Singapore (National Debt: $350 billion ($254 billion US))
    Japan, with its population of 127,185,332, has…

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  28. You borrowed to feed your stomachs – that’s all. All the 10% projects you did, was jst for cover. *****

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  29. The comparison by senior Engineer above is wrong, he is not comparing apple with apple. The countries he mentions are all industrialized and earn much more than the poverty stricken Zambia which was brought down to its knees by the criminal and Gangster Pf. If Zambians believed so much in your Infrastructure nonsense, they would have retained your backsides.

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