
FINANCE and National Planning Minister Situmbeko Musokotwane has said Patriotic Front (PF) leader Michael Sata is afraid of facing President Rupiah Banda in next year’s presidential elections following landmark achievements recorded in the last two years by the current Zambian leader.
Dr Musokotwane said Zambia’s ranking in the global economies as the 10th most improved in the process of doing business in the past year was among factors sending the opposition leader into panic.
In an interview in Lusaka yesterday, Dr Musokotwane said the Government had “swept Mr Sata off the carpet” with an easy entry into the 2011 presidential election campaign on the back of a record bumper harvest, single-digit inflation and growing international recognition.
He said the Government was delivering development at a pace that had never been reached before and that the opposition parties were finding it hard to accept.
“We are addressing all the social challenges decisively and they are obviously panicking because of the elections. They are stunned with the record pace at which we are constructing schools, health centres and roads,” Dr Musokotwane said.
He said during the period of the global financial crisis, the opposition and analysts aligned to the opposition had condemned the Government for alleged failure to address the challenges posed by the economic downturn, but facts now suggested that Zambia was among the few countries that were successful.
Dr Musokotwane said with the 7.3 per cent annual rate of inflation for the month of October, the Government was optimistic of better performance before the close of the year.
Dr Musokotwane also said the Government remained optimistic that the projected copper output of 720,000 tonnes would be reached this year.
“So they will continue to do politics but we will continue providing development to the people of Zambia,” he said.
[pullquote]“We are addressing all the social challenges decisively and they are obviously panicking because of the elections. They are stunned with the record pace at which we are constructing schools, health centres and roads,” Dr Musokotwane said.[/pullquote]
The minister said the high ranking by the World Bank resulted from the Government’s well-focused policies that included the opening of the one-stop-border post at Chirundu.
He said the Government had drastically reduced bureaucracy in the processing of business licences and importation, and that was responsible for the growing economic activity in the country.
Last week, World Bank acting director in charge of global indicators and analysis, Neil Gregory said Zambia and Cape Verde had risen 10 and eight spots, respectively, with Zambia grading 76th in the doing business 2011 index.
Mr Gregory said at the launch of the 2011 Doing Business Report that Zambia had performed well in easing the business start-up by eliminating the minimum capital requirements.