Mon, 25 Sep 2017 13:52:28 +0000 By Nation Reporter ZAMBIA’S monetary policy will be re-aligned to Government’s fiscal consolidation measures without compromising inflation and growth objectives, says Finance Minister Felix Mutati. Mr Mutati said to unlock economic activity, Government will work towards dismantling arrears owed to suppliers of goods and services, as well as contractors. Government will at the same time ensure that Zambia remained within sustainable debt levels. Mr Mutati said this in Lusaka yesterday when he announced the country’s successful preparation of the K199.6 billion Economic StabiliSation and Growth Programme (ESGP): Zambia Plus, 2017-2019. He said the programme however benefitted a lot from visionary guidance of President Edgar Lungu, Cabinet and the concerted participation of various stakeholders through a countrywide consultative process. Mr Mutati also said that Government would pursue necessary structural reforms while implementing an effective social safety net to lessen the impact of stabilisation measures on the most vulnerable. “These principles […]
ZAMBIA’S K200BN ECONOMIC STABILISATION PROGRAMME UNVEILED
