Zambia News

MUSOKOTWANE: $100 million will aid the country’s economic recovery

The 100 million dollar budget support from the World Bank, according to Finance Minister SITUMBEKO MUSOKOTWANE, has boosted attempts to revive the national economy.

According to Dr. MUSOKOTWANE, the funding will enable the government to successfully execute changes meant to promote economic growth.

He claimed that the cash is acting as a lifeline for the economy, which was in trouble prior to the implementation of an International Monetary Fund (IMF) Recovery package.

The outcomes of the negotiations to unlock Mopani and KCM, according to Dr. MUSOKOTWANE, are optimistic because some of the top mines in the world have shown interest in the two organizations.

He claimed that the government is making an effort to find the two mines the best investors.

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