By ADRIAN MWANZAGOVERNMENT should disclose IMF terms and conditions so that citizens can have a say through their MPs in parliament over certain conditions if need be, former Economic Association of Zambia, President Lubinda Haabazoka has advised.Dr Haabazoka said there is need to do a cost benefit analysis to establish the right course of action that Zambia needs to take in terms of economic development in the near future.He said for example, if Indeni was part of the deal, there was need for serious discourse.He also said there was also need to quantify the negative effects of fuel pump price increases and electricity tariff adjustments and whether this will be more than US$1.4 billion.“IMF money is naturally for balance of payment support. Do we need this forex over three years when copper prices are above $10, 000 per tonne? Shouldn’t we have concentrated on home grown solutions? These are some of the questions that we […]
DISCLOSE IMF TERMS, HABAAZOKA CHALLENGES GOVERNMENT
