Acting Finance Minister, Felix Mutati, said government has made steady progress in reducing the country’s dependncy on external assistance.
Mr. Mutati said government has reduced its foreign aid dependency from 40 per cent to 24 per cent over the last two years.
The Minister was speaking in Lusaka, when he launched a policy handbook on enhancing the role of domestic resources mobilisatuion in developemnt.
He said there is need for African countries to formulate policies that are less dependant on external resources.
Mr. Mutati also said Zambia exported copper cathodes worth $3.5 Billion to the United States of America last year.
GOD HELPS THOSE WHO HELP THEMSELVES.
It is high time we did away with the hand out which come with a lot strings attached.
Good fiscal policy well done Magande tho tell yo thieving workforce to stop the vice.
gr8 news and keep it up. For sure, the New Deal Government of HE President Mwanawasa is really working.
Let us endeavour to get to 0% external/foreign aid dependency. We can do it, only that we need to do it better. Someone said “where there is a will, there is (surely) a way.”
mwanawasa is the man for zambia.
God has blessed this country so much that we ought to be the lenders and not borrowers.may God give direction and wisdom to our learders in these times of prosperity.
Kawambwa Tea employees unpaid
KAWAMBWA district commissioner, Wilbroad Mumba, has urged the Government to intervene in the issue of nonpayment of salaries for workers at Kawambwa Tea Company.
Mr Mumba said in an interview that as a result of nonpayment of salaries to the workers, most of them had allegedly ended up dying prematurely.
He said workers at the tea company had gone without salaries for close to three months now.
Avoid premature strikes -Liato
DEPUTY Minister of Labour and Social Security, Austin Liato, has advised workers against going on strike before exhausting all channels of labour complaints.
Mr Liato said the Industrial and Labour Relations Act required that disputes were reported to the labour commissioner before strikes were declared.
He was speaking in Kitwe yesterday during the official opening of the Zambia Congress of Trade Unions (ZCTU) general council.
Mr Liato said illegal strikes undermined national productivity
Good news Mutati, this will make the donors very uncomfortable, they do not like this kind of news, this is the time to be very careful how we deal because these are the times military superior government start the divide and rule principle, well done GRZ and fiscal discipline from tough and arrogant (for the right reasons) magande.
# 1, crazy, which verse is that?
Good tidings indeed. I like the way #2 and #6 put it. They are absolutely right. We are neither poor nor incompetent, we can get there if we all put our shoulders to the wheel. The only reason we were “underdeveloped” by the West and confined to beggar status is that they robbed us of our natural resources.