World Economy

Zambia GDP Growth Rising

Zambia GDP Growth RisingZambia GDP Growth Rising

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.


Add new comment

Read our comment policy before posting your viewpoints