Action Aid Zambia Country Director Pamela Chisanga has called for the dollarization of the Zambian economy.
Ms Chisanga said time has now come for Zambia to dump the Kwacha because the local currency has become worthless.
She said many stakeholders have proposed remedial measures to fix the Kwacha but that Government and its agencies have failed to respond effectively.
Ms. Chisanga was speaking this morning when she featured on the Hot Seat radio programme on Hot FM discussing the state of the economy.
‘I think we have talked and talked and now it enough talking, what we need now is action and for me with the levels of frustration I have, I can just call for the dollarization of the Zambian economy, let us just dump the Kwacha and we start using the dollar,’ she said.
She argued that Zambia which adopted the use of the dollar has now started witnessing a slow but steady recovery of its economy which had completely collapsed.
‘Zimbabwe has now doing far much better than it was when it was using the ZIM dollar, maybe we need to go that route because there seems to be no response from those in government.
On the same programme, Centre for Trade Policy and Development Executive Director Isabel Mukelabai called for prudency on the part of the government in the management of public funds.
Mrs Mukelabai also called for policy consistency and predictability if Zambia is to manage the current economic turbulences.