Former Bank of Zambia governor Caleb Fundanga says the country’s economic outlook for 2018 looks positive.
Dr. Fundanga says the high Copper Prices will contribute to the country’s good economic performance in 2018.
He however warned against excessive acquiring of expensive loans as this may have a negative effect going forward.
Dr. Fundanga says the country can overcome economic challenges just like it has done in the past.
He has told ZNBC News that government should further seek to grow the economy by investing in infrastructure development to support agriculture and tourism.
He said places like Chilubi in Northern province has demonstrated that it is good for growing rice, ground nuts and Maize but lacks basic facilities such as roads.