Govt committed to stabilising economy -Mutati

GOVERNMENT has said it is committed to secure macro-economic stability for the country.
Finance Minister Felix Mutati said the Government was working at putting in place regulations that provide a stable platform that would allow for economic growth.
Mr Mutati said Government would in the forthcoming budget embark on fiscal sustainability, tax compliance, address expenditure issues, and rearrange capital projects.
The Minister was speaking in Washington DC when he met with investors on the sidelines of the World Bank/ International Monetary Fund (IMF) Annual Meetings in Washington DC.
This is contained in a statement issued by First Secretary for Press and Public Relations at Embassy of the Republic of Zambia Patricia Littiya  yesterday.
Mr Mutati said Government was aware that the measures would be tough in the short term adding that the benefits would be felt in the long term.
And the Finance Minister and his National Planning and Development counterpart Lucky Mulusa have held consultative meetings with stakeholders.
Mr Mutati met with Deputy Assistant Secretary Eric Meyer in a closed door meeting. The two discussed among other things the enhancing of bilateral cooperation in financing and investments.
Mr Mulusa and Mr Mutati also met with other stakeholders including Barclays Bank, Citibank, the Saudi Fund, and the Woodrow Wilson International center for scholars- Africa program.
The two ministers were later in the day expected to attend the JP Morgan Investor Seminar.
The Zambian delegation includes Ministry of Finance Permanent Secretary Dr Ronald Simwinga, Ministry of National Planning Permanent Secretary Dr Sr Auxilia Ponga, and Bank of Zambia Governor Dr Denny Kalyalya.