World Bank gives positive outlook on ZambiaBy BUUMBA CHIMBULUTHE World Bank is confident of Zambia’s better economic outlook on condition that there is a strong policy re-oriantation focused on rebuilding budget credibility and fiscal sustainability.And the bank has indicated that the distrust on the taxation policy which has been created between the mining sector and Government can be resolved and improve revenue collection through enhanced communication.World Bank Zambia Country Economist, Samson Kwalingana, stressed that rebuilding budget credibility and fiscal sustainability was critical in supporting the possibility of Zambia’s better outlook.“This includes the 2022 budget and the medium term fiscal framework which is critical to setting the macro path,” Dr Kwalingana said yesterday in Lusaka at the Global Markets and Treasury Client Breakfast organised by Atlas Mara bank.Dr Kwalingana also suggested that enhanced communication between the mining sector and the Government could resolve the distrust between the two parties.He stressed that “These players talk together, they […]
World Bank gives positive outlook on Zambia
