Zambia aims for 7% average growth over next three years
Finance ministry projects growth of 6.0% in 2027, 7.5% in 2028 and 7.1% in 2029.
LUSAKA, Sept 28 (Reuters) — Zambia aims to lift economic growth to an average of 7% over the next three years, building on progress in restructuring its external debt, its finance ministry said. 1% in 2029, the finance ministry said in a statement on Sunday. 4% for 2026. 3% this year.
Finance Minister Situmbeko Musokotwane said the government wanted to move beyond stabilising the economy to securing more investment, stronger exports and boosting job creation by harnessing sectors like mining, energy and agriculture. Musokotwane, recently reappointed after last month's election, oversaw protracted debt-restructuring negotiations after the Southern African copper-producing country defaulted during the COVID pandemic. 7 billion arrangement ended in January. com)