President Lungu says government will promote dialogue between the private and public sectors as it implements the recently launched Economic Recovery Plan. He says the plan is not only for government but all the players in the economy. President Lungu says government will work with institutions like the Economics Association of Zambia and the Zambia Chamber of Commerce and Industry to promote industrialisation in the agriculture and other sectors of the economy.
The Head of state said this a few days ago when a team of officials from the Zambia Chamber of Commerce and Industry paid a courtesy call on him at State House. The team was at State House to present proposals on how government can enhance the implementation of the Economic Recovery Plan.
And ZACCI President Chabuka Kawesha said the recently launched Economy Recovery Plan will bear fruit once monitoring and evaluation is given priority. He said ZACCI has proposals on what government can do to ensure what is in the plan is achieved.
Mr. Kawesha said his team is ready to work with government to ensure the successful implementation of the plan. ZACCI Vice President Pinalo Chifwanakeni called for mindset change if Zambians are to be patriotic and actively participate in the economic affairs of the country.
Professor Chifwanakeni however said mindset change will require changes to the country’s education system.
Zambia’s Economic recovery plan 2020-2023 will require a multistakeholder approach to align with the 8th NDP and medium term expenditure framework. Despite the progress made in the ESGP, budget credibility remains weak.
Multi-year planning and budget constraints are necessary to support budget credibility whilst separate strategies will be required for arrears dismantling and debt restructuring. Domestic resource mobilisation be become ever more important whilst providing an enabling environment for business and safeguarding livelihoods.
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