9.5 C
Alba Iulia
Monday, April 6, 2020

Our doors are open- Felix Mutati

Economy Our doors are open- Felix Mutati

Finance-Minister-Felix-Mutati-meeting-with-senior-management-staff-at-the-Ministry-of-Finance
Finance-Minister-Felix-Mutati-meeting-with-senior-management-staff-at-the-Ministry-of-Finance

Finance Minister Felix Mutati says government will work together with the International Monetary Fund and other cooperating Partners in constructing the country’s economic recovery program.

“I believe that President Lungu’s exceptional leadership talent coupled with the diverse experience of his team, will prescribe invaluable reforms aimed at assisting the country in handling the pressing socio-economic challenges facing our people and shipping them out of the troubled waters of poverty,” said Mr. Mutati.

And British High Commissioner Fergus Cochrane-Dyet has said there is sufficient room for improved engagement between Britain and Zambia. “We are ready to share experiences and help build capacity in order for Zambia to recover from her economic shocks,” he said.

Mr. Cochrane-Dyet made the assurance when he paid a courtesy call on the Minister to congratulate him for his appointment and to introduce the visiting British Department for International Development Chief Economist Professor Stefan Dercon.

Speaking during the visit, Professor Dercon advised that export oriented economic diversification as a way of cushioning Zambia’s legacy dependency on copper revenue inflows is one option that the country could consider.

The Ministry of Finance has embarked on rigorous engagement with internal and external stakeholders to ensure that broad consultation is attained in formulating economic recovery policies which will be announced alongside the 2017 Budget.

As part of the economic recovery consultation process, Mr. Mutati is this week scheduled to meet the Industrial Development Corporation, Bank of Zambia, Bankers Association of Zambia, Zambia Revenue Authority, and the Zambia Chamber of Mines.

[Read 54 times, 1 reads today]

11 COMMENTS

  1. THATS THE WAY TO GO MR MUTATI INVITE THEM ALL,SO ALL WILL MEANING ZAMBIANS SHOULD CONTRIBUTE POSITIVELY ON THIS MATTER ,ZAMBIA IS OUR NATION WHATEVER THE OUTCOME WE SHALL ALL BE AFFECTED IN ONE WAY OR ANOTHER PLEASE LETS FEEL FREE AND FOUND SOLUTIONS FOR OUR MOTHER LAND, IT NOW TIME TO WORK FELLOW MY ZAMBIANS.LET US ALL BE PATRIOTIC CITIZENS IF WE REALLY CARE FOR OUR COUNTRY.

    • CAREFUL MR MUTATI. TAKE A DEEP BREADTH.
      THE IMF SEEM TO HAVE THE SAME SOLUTIONS FOR ALL PROBLEMS FROM THEIR DISCREDITED TOOL BOX.
      VERY SOON WE SHALL BE TOLD TO CUT SUBSIDIES OF FUEL (WHICH ZAMBIANS ARE NOT EVEN AWARE OF CONSIDERING THE HIGH FUEL PRICES); INCREASE ELECTRICITY TARIFFS; HALT INFRASTRUCTURE DEVELOPMENT WHICH ZAMBIA IS BADLY IN NEED OF; AND RETRENCH CIVIL SERVANTS.
      ALL OF THIS WILL LEAD TO DISSATISFACTION OF THE MASSES AND MMEMBE AND HH WILL SOON BE GLOATING AND SAYING “WE TOLD YOU SO”.
      LET’S HAVE OUR OWN SOLUTIONS. GOD GAVE US THE BRAINS. LET’S USE THEM FOR GOODNESS SAKE!!!

  2. “Exceptional Leadership Quality” my foot! What kind of leader hires a jet in the midst of crisis meanwhile he is asking the Zambians to tighten their belts. As it is people can barely afford the basics asking them to tighten their belts is like telling them to brace and die of malnutrition

  3. Felix is just a sweet (albeit robot-like) talker. What did he achieve as commerce minister apart from all the talk about economic zones etc? He has shamelessly admitted ECL has allowed him to continue as MMD leader! He needed ECL’s permission to be an “opposition” leader!

Comments are closed.

- Advertisement -
Loading...

Latest News

Lusambo warns Nutricom Food and Beverage Limited for claiming their Ginger Kombucha Energy drink can prevent Corona virus

Lusaka Province Minister Bowman Lusambo has warned that government will not allow business entities in Zambia to produce misleading...

Government releases over K5.6 billion to finance developmental, service delivery programmes

The National Treasury released last month released a sum of K5.64 billion to finance various developmental and public service delivery programmes in the country. Of...

Germany organisations donate ambulance to Kaindu clinic

Zambia’s Ambassador to Germany Anthony Mukwita has applauded Amatheon Agri and the German Arbetheir-Samariter Bund (ASB) for investing in Zambia’s health and agriculture sectors. Mr....

Street Vending is still illegal in Zambia, says Local Government Minister

Local Government Minister Charles Banda has reiterated that street vending in the country is illegal unless when conducted in designated places as prescribed by...

COVID-19 could cost Africa a GDP loss of between $22.1 billion and $88.3 billion

By Akinwumi A. Adesina These are very difficult days, as the world faces one of its worst challenges ever: the novel coronavirus pandemic. And it...

More Articles In This Category

- Advertisement -
[Read 25 times, 1 reads today]