Zambia’s economy will grow by 5% in 2018, 5.1% in 2019 and 6.1% in 2020, up from 4.3% in 2017, the ministry of finance said in a statement on Sunday, Reuters reported. The country’s fiscal deficit is expected to be 7% in 2017, 6.3% in 2018 and 4.3% in 2019, then drop to 2.6% in 2020, it said. Inflation is expected to remain 6 to 8% from 2017 to 2020, the statement said. The country is reaping the dividends from the steady progress the economy has been making in the last few years.
