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As debate continues about the need for an IMF-supported Economic Recovery Programme, ZIPAR states that as well as ensuring short-term economic stability, Zambia must plan to create more and better jobs in the long-term. Central to any jobs plan should be agriculture and promoting access to new export markets for agri-businesses – this has the potential to provide a new engine for future jobs and economic growth in Zambia.
by Pamela Nakamba-Kabaso and Caesar Cheelo
For many Zambians today, an IMF-aid deal must feel like being forced to live and share quarters unwillingly with a foe. Those who are old enough to recall the Structural Adjustment Programmes (SAPs) of the 1980s and 1990s often recount how the stringent conditionalities of the IMF and the World Bank brought untold hardships and misery to Zambia.
Without a home grown economic recovery plan supported by an IMF loan there will be significant adverse consequences for Zambian households and the Zambian economy, says the Zambia Institute for Policy Analysis and Research (ZIPAR) in a policy paper published today.
Malindi Msoni & John Mututwa
The Minister of Finance, in his 2017 National budget address to the National Assembly, made reference to the Government’s commitment to scale-up social protection programmes, to shield the most vulnerable in society from the negative effects of the Zambia Plus economic recovery programme.
By Mwanda Phiri and Francis Ziba
Zambia's economic liberalization in the early 90s provided a gateway for the entry of foreign supermarket chain stores. In 1995, Shoprite pioneered the way into the unsaturated retail space and gained first-mover advantage which led to its dominance.
By Gibson Masumbu
Government has indicated that it will remove subsidies in line with its quest to attain fiscal consolidation. Government has been providing subsidies that cover farmer input support, electricity and fuel consumption. Government has however also indicated that the removal of subsidies will be done gradually to mitigate adverse impact on the poor.