By AARON CHIYANZOZAMBIA must brace for hard times because removing subsidies on fuel will be catastrophic to the country as prices of goods and services will increase drastically, Democratic Party (DP) president Harry Kalaba has said.“Zambians must brace themselves for the years ahead, they will not be easy, they will only be getting harder,” Mr Kalaba said.Mr Kalaba has urged the new dawn government not to bow down to pressure from the International Monetary Fund (IMF) to scrap off subsidies even as it works to secure a bailout package.He said in an interview that removing subsidies would increase the price of fuel and subsequently lead to an increase in the prices of goods and services.“The prices of essential commodities will be high once subsidies are removed because they will be in tandem with the fuel price. It will be a catastrophic situation, very sad development,” Mr Kalaba said in an interview.And Mr Kalaba, who is […]
BRACE FOR HARD TIMES – KALABA
