Zambia will get better – World Bank

THE World Bank has projected improvements in Zambia’s foreign exchange reserves, debt management system and effective operation of state-owned enterprises after the implementation of fiscal consolidation measures and reforms.
World Bank country manager Ina-Marlene Ruthenberg said the fiscal consolidation measures being implemented by Government will help reduce poverty at household level and boost shared prosperity.
Ms Ruthenberg said the measures will create fiscal space for pro-poor and productive spending and unlock private sector lending and growth.
This is contained in the World Bank’s latest Zambian economic brief with a focus section on agro-led structural transformation for poverty reduction and prosperity.

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