Maravi

(LUSAKATIMES) Zambia’s economy good on paper – EAZ

COMMENT - " government is still struggling in ensuring that the wealth of the country is distributed to benefit everyone equally " - to say they're 'struggling' implies that they are trying.

Zambia’s economy good on paper – EAZ
Saturday, December 18, 2010, 11:51

Economic Association of Zambia EAZ executive director, Alexander Chileshe says the country’s economic performance only looks good on paper and has no reflective effect on the lives of the poor Zambians.

Mr. Chileshe says the inequality gap in the nation’s economy has continued to widen with the relatively good economic performance Zambia has recorded over the last few years having no impact in people's lives.

He notes that government is still struggling in ensuring that the wealth of the country is distributed to benefit everyone equally.

He also observes that government’s control of the inflation rate and other factors of the economy has not yielded up to anything because the people on the ground are still living in abject poverty.

Second republican president Frederick Chiluba shopping at Pick N Pay suppermarket in Lusaka

Mr. Chileshe says while the economy looks fundamentally good, there is need to make some reviews to how government gets the nation%u2019s wealth distributed across the country.

He has also proposed that government begins o evaluate which sectors are performing well and which ones are not so that the right sectors beneficial to the people receive more support.

Labels: ALEXANDER CHILESHE, EAZ, GDP

posted by MrK @ 3:46 PM