COVID-19 – Its effect on Public Health, Workers and the Business Sector
The COVID-19 shock has significantly impacted economic prospects growth this year will be negative, poverty has likely increased, and fiscal pressures have increased further with lower revenues, higher expenditure needs, and an already high debt service burden. Policy will need to focus on both near- and medium-term targets to address […]
Zambia to issue $432mln worth of COVID bonds for economic stimulus
At yesterday’s cabinet meeting held at Mulungushi International Conference Centre, Cabinet approved in principle the establishment of a K8 billion economic stimulus package that will be financed through the issuance of the COVID-19 Bond. Cabinet sources say the allocation will go towards payment to retirees, contractors and suppliers. Cabinet resolved […]