Friday, April 19, 2024

Vice President Inonge Wina is confident Zambia will regain its economic fortunes

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Mrs Inonge Wina with Mrs Mumbi Phiri at The Press Conference at State house
Mrs Inonge Wina with Mrs Mumbi Phiri at The Press Conference at State house

Vice President Inonge Wina is confident Zambia will regain its economic fortunes. Mrs Wina says this is despite the economic challenges the country is under-going.

She says the country has faced similar economic melt downs before but recovered. Mrs Wina cited the periods after independence and the 1980?s as some of the phases the country experienced a slump in its economic out-look.

She was responding to Movement for Multi-party Democracy-MMD Chadiza Member of Parliament Allan Mbewe. Mr Mbewe wanted to know Mrs Wina’s rating of the country’s economy.

This was during the Vice President’s Question Time in Parliament. Mrs Wina says government remains resolute in its efforts to reduce the inflation rate that has stood at 19 point five percent for the month of November.

The inflation rate was previously 14 point four percent. Mrs Wina says government is putting in place measures to stop the inflation rate from sky-rocketing.

She told parliament that government has released 500 thousand metric tonnes of maize to millers as one of the measures to reduce mealie-meal prices and cushion food inflation.

Mrs Wina has told Parliament that the recently increased salaries for teachers and other civil servants will hopefully address their needs amidst economic challenges.

She said teachers salaries’ percentage increase had recently moved from four to 19 percent

Ms Wina was responding to Movement for Multi-party Democracy -MMD Ikelenge Member of Parliament Elijah Muchima .

Mr Muchima wanted to know what government is doing to reduce the inflation rate.

This was during the Vice President’s Question Session in Parliament.

7 COMMENTS

  1. And this is the Minister of Planning?! We are in trouble. It took decades to recover from the previous economic recessions. Also, increasing salaries done not curb inflation. It fuels it.

  2. I hope most people have read what the newly elected president of Tanzania has done as a way of changing things in Tanzania. I salute him. When Edgar won the presidency in January 2015, a lot of people expected a lot from him but alas, he has turned out to be a big disappointment. He has continued to appear as the reluctant president who looks as if he was forced to that position. His appointment for cabinet, state house officers leaves much to be desired. Lungu comes out as someone who does not know what it means to be head of state. The president of Tanzania looks as one who is ready to lead.

  3. WE HAVE NO DOUBT THAT INDEED ZAMBIA WILL ONE DAY REGAIN ITS ECONOMIC FORTUNES BUT NOT UNDER THE DUMB PF LEADERSHIP. AFTER THE ELECTIONS NEXT YEAR THE TURN-AROUND WILL START. ZAMBIA IS ENDOWED WITH RICHES: MINERALS, FERTILE LAND, TOURISM ATTRACTIONS, PLENTY WATER, ETC. BUT IT LACKS VISIONARY AND COMPETENT LEADERSHIP. YES ZAMBIA WILL CHANGE WHEN PF WILL BE REPLACED NEXT YEAR.

  4. Zambia can not change with lazy people around who only thinks that having a new president will turn around their sufferings. Get involved in economic growth and that’s when you will see change. Even a great leader like Obama can fail to develop zambia with fulls who are waiting to be fed. Be innovative and industrious not theiving mentality. Stop importing and start making your own products. Seelly opposition who are only waiting for elections to see change but remember development does not happen overnight.

    • @ Sponge bob

      Please, don’t be afraid to name “…lazy people around…” which after developing (lol) Country for four years have finally come in the open and accepted collapse of the Nation economy due to theirs greed and incompetence.

  5. It is quite proper that Wina compares the current recession in Zambia to the 1980s. It took UNIP over 25 years before issuing mealie meal coupons and food riots erupting. PF are using eVouchers already and shutting down the economy in 4 years. In 2011, Zambia was at the peak of its economic success. Now we are at the lowest and worse is yet to come. It is a record of incompetence by PF.

  6. Does Mumbwe Phiri suffer from bad breath? I recommend that she tries her own urine mixed with bicarbonate of soda.

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