Special Assistant to the President for Policy and Compliance Joseph Lungu says President Hakainde Hichilema can be trusted to steer Zambia’s development agenda.
Mr Lungu said one example of the government’s achievements is the restoration of Zambia’s foreign exchange reserves, which he said have risen to approximately US$6.5 billion.
In a statement issued to the media , Mr Lungu said some opposition figures have been advancing a narrative suggesting that foreign exchange reserves are not important to ordinary citizens.
He said such assertions overlook the critical role reserves play in maintaining economic stability.
According to Mr Lungu, foreign exchange reserves help stabilise the value of the kwacha and contribute to preventing sharp increases in the prices of goods and services.
He said the reserves are an important economic safeguard that enables the country to withstand external shocks and meet its international financial obligations.
Mr Lungu further stated that the current level of reserves reflects efforts aimed at strengthening Zambia’s economic position and supporting long-term development.
He maintained that the country’s economic progress demonstrates the government’s commitment to implementing policies intended to promote stability and growth.
