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Situmbeko Musokotwane Warns Political Change Could Disrupt Economic Progress

Finance and National Planning Minister Situmbeko Musokotwane has cautioned that Zambia’s economy could face setbacks if there is a change of government in this year’s general elections.

Dr. Musokotwane said efforts to stabilise the economy have required a clear and disciplined vision, including working closely with investors, which he noted has helped restore confidence and support economic growth.

Speaking in an interview , the minister stated that not all aspiring leaders share the long-term policy direction currently being implemented by the United Party for National Development (UPND), which he said focuses on sustainable development rather than short-term gains.

Dr. Musokotwane said that if the UPND were to lose power, there would be no assurance that a new administration would continue with the same economic policies and fiscal discipline, potentially placing the country’s current progress at risk.

He added that prudent financial management and adherence to fiscal discipline have enabled the government to manage national resources responsibly, as opposed to spending beyond the country’s means and accumulating unsustainable debt.

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3 COMMENTS

  1. And don’t be a cadre banging a tin, just concentrate on succeeding in national finance. I remember in the 1970s KK used to state that Zambia was going to soon be “like Switzerland” and am still waiting

  2. Muu saw call twane stop scaring us. That’s UNIP talk. We ve been changing governments since 1991.
    In fact you wouldn’t have been in that office if we had not stuck to the new habit of changing government. What’s good for the gander……

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