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.