Positive Economic Pronouncements Made By President Elect To Position Zambia For Better Trade With Existing And New Trading Partners
By Prudence Siabana
An economist says the positive economic pronouncements made by President-elect Hakainde Hichilema in his recent address will not only strengthen investors’ confidence but will also position Zambia for better trade with existing and new trading partners.
Dr. Nchimunya Ndiili notes that in a global and integrated financial market, investor confidence in any given economy such as Zambia is cardinal to boost foreign exchange flows and surge economic activity.
She has told Phoenix News that this equally leverages the external debt repayment negotiating platform.
Dr Ndiili is therefore confident of an economic recovery package following the positive economic growth pronouncements by President-elect Hakainde Hichilema.
There has been an expedited surge in the local currency in the last few days after the landslide victory of Mr. Hichilema’ in the just-ended elections as Zambia’s 7th president.
PHOENIX FM NEWS
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