US$12m livestock loan approved

GOVERNMENT has approved the contraction of a US$12 million enhanced smallholder livestock investment programme loan from the International Fund for Agriculture Development (IFAD).
Acting chief Government spokesperson Vincent Mwale told a press briefing shortly after a Cabinet meeting yesterday that the loan will be utilised for the full implementation of the enhanced smallholder livestock investment.
Mr Mwale said this is aimed at improving animal disease control and livestock production systems in the programme target areas which are prone to contagious bovine pleuropnemonia (CBPP) and East coast fever disease outbreak.
He also said Cabinet has noted that Zambia’s public debt profile and sustainability in the medium to long-term is sustainable.

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