WEAK DOMESTIC ECONOMIC REFORMS CONTRIBUTING TO HIGH POVERTY LEVELS AMONG ZAMBIANS

Opposition Party for National Unity and Progress leader Hyvie Hamududu is concerned about the weak domestic economic reforms in Zambia that have contributed to persist poverty among Zambians.

Speaking when he featured on Tuesday edition of Phoenix FM’s “Let the People Talk” program, Mr. Hamududu said there is need for extensive reforms to address the economic challenges facing the country.

Mr. Hamududu has also warned against anchoring the country’s economic recovery solely on debt restructuring and emphasized the need for domestically oriented reforms to ensure long-term economic stability and prosperity for Zambia.

Further, Mr. Hamududu has urged government to take immediate action to address the current level of public expenditure, which he says surpasses the accepted threshold.

Meanwhile, Mr. Hamududu has questioned government’s failure to sell luxurious V8 vehicles used by ministers, despite the economic challenges facing the country.