Govt vows to keep inflation low

However, the minister acknowledged that macroeconomic stability alone does not fully satisfy public expectations for immediate relief, promising that the upcoming 2027 national budget will be distinctly growth-oriented.

He noted that the administration’s strategic response will centre on accelerated job creation, the opening of new mines, driving widespread participation in agriculture, and stimulating broader business opportunities across the country.

Dr Musokotwane highlighted that these targeted efforts are directly anchored by President Hakainde Hichilema’s overarching national vision known as the Grow Zambia Agenda.

Urging active citizen participation, he summarised the core economic directive with a clear call to action: “The priority is produce, produce, produce and export, export and export.”

To back these ambitions, he stated that the Government is restructuring the national framework so that state responsibilities actively facilitate private sector growth while continuing to heavily leverage public private partnerships (PPPs).

Pointing to visible economic indicators such as increased infrastructure-driven job creation, higher vehicle imports and booming retail food chains, Dr Musokotwane maintained that recent gross domestic product (GDP) growth is tangibly benefiting ordinary citizens.

He also noted that improved tax compliance and a broadened tax base are bolstering institutional operations, particularly among local councils.

Dr Musokotwane assured foreign and domestic investors that the Government will maintain a predictable, stable regulatory environment to ensure that all investment pledges are successfully actualised on the ground. https://enews.daily-mail.co.zm/welcome/home