The persistent issue of delayed government payments to microfinance institutions- MicroFins, that extend loans to civil servants has resurfaced, sparking renewed anxiety within the sector. According to sources within the microfinance industry, the government has yet again fallen behind on settling monthly loan deduction payments for the past three months, creating significant liquidity and operational challenges. A source familiar with the matter confirmed to the Zambian Business Times (ZBT) that the government is now in arrears for three consecutive months as two payments have not been remitted and the third one is also pending as the submissions have been made...
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