PMRC encourages government to continue pursuing avenues aimed at restoring the economy
Written by MillenniumEditor2 on July 19, 2021
Policy Monitoring and Research Centre-PMRC says government’s effective implementation of the measures aimed at restoring fiscal and debt sustainability are crucial to ensuring economic stabilization and growth.
PMRC executive director Bernadette Zulu says government’s commitment to restoring fiscal and debt sustainability is evidenced by the strategies outlined in the Economic Recovery Programme, which when implemented holistically will spur growth and set Zambia on a path of economic recovery.
In a statement, Ms. Zulu says equally, curbing the spread of the COVID-19 pandemic at a global level will have a positive impact on economies such as Zambia.
She has since encouraged government to continue pursuing avenues that are aimed at restoring the economy, such as debt restructuring, adopting cost efficient measures of doing business.
Ms. Zulu says there is also need to consider the formulation of a medium-term policy that will put the country back on a trajectory to achieving fiscal consolidation.