President Edgar Lungu will tomorrow launch the 2020-2023 Economic Recovery Programme (ERP) at Mulungushi International Conference Centre.
Secretary to the Treasury Fredson Yamba said that the ERP has been formulated to address various dimensions of the economic challenges that the country is currently facing resulting from a number of factors including the Covid-19 pandemic which had negative and serious consequences on the growth prospects of our economy.
Mr. Yamba said that the plan is aimed at bolstering economic growth while reducing poverty and inequality amongst the Zambian population, adding that the launch is a demonstration of Government’s firm commitment and stance to addressing various macroeconomic challenges in the country with a view of improving the welfare of the Zambians without leaving anyone behind.
Mr. Yamba said the launch of the ERP will be covered live on both Radio Two and ZNBC TV1.
What happened to the Zambia plus? Looks like incompetence is catching up with this regime!!!
Tom Muumba it’s in the weldi ??
The arrogancy of this guy. I like his confidence
Preston Kiyumbi imagine
It’s too late bane
TOO LATE ,YOU ARE GONE COME 2021. LAUNCH THAT ECONOMIC RECOVERY SHANI UKO IN ANOTHER COUNTRY.
If he couldnt prevent? is he going to manage?
It’s an important program especially considering the impact that various factors have had on our economy
The incompetence has already been shown!
Saulo Simpasa imagine
Time is not on your side sir and am surprised to note that you have realized that the economy has collapsed and needs recovery. You were busy saying the economy is performing well.
Given Matemo collapsed?
Zulu Themba Isaac Don’t you leave in Zambian young man?
Given Matemo what are the signs ot has?
Given Matemo and getting surprised or laughing when people say that things are bad.
We have another 2020 on the way?
Where has he been all this while? He want’s to treat this as his first term? ?????
Chali Ndalama Simpasa As if he was out of the country or on leave, now he realises that 2021 is nearing should do something or else. Should think of the hardships people have endured and others are no more because of the dead economy we are going through up to now. Its not things!
What ERP majokes should stop. According to pf zambia is on the right path to recovery since pf has done infrastrature development and all FISP done bravo see you 2021
??
Too late, where were u all this time. You had to wait for the water to reach neck level to realize that we are drowning!!! KWWF.
yaaaawn
Ba Lulu,kikiki what a wasted opportunity, surely mwankala pamushe poipa paitana mwavomela?
Never mind boss. Someone will help us with the recovery plan.
I can’t wait to hear, what is contained in the recovery plan. However, the results will only be seen in 2022
We need this more than ever… especially that several factors gave negatively impacted our economy
Ok. We will be attending. Thanks for the infor.
It’s never too late, my president! We need this urgently.
Yona Kaonga who says it’s too late apart from the other side of….
Mukuka Xris The other side will never see any good in anything even when deep down their hearts are convinced the right thing is being done.
“Ati economic recovery programme”. When from his own mouth he was on the platform announcing to zambians that the economy was doing fine what recovery programme is he now launching. This is just time wasting and arm twisting.
Yaba pantu ichimonwa tapaba lelo chafuma kwisa chaba neighbour???
Oh dear, it’s the same old story. Wht economic recovery is possible with public finances in such a shambles? Recovery is only possible with appropriate discipline and not by spending money worse than a drunken sailor. Wht sacrifices can we make now so that tomorrow is better than today and yesterday? Is that possible in an election year?
Way to go, it has been long over due!
Was this not the same persn who said he laughs when people say things are bad? If things are good what recovery program is he talking about?
What is the recovery all about if you have already said things are going well and loughs at those who disputes as you put it earlier.
At last he admits that the country is in a very bAd state economically and needs recovery from pf.
Chanda Kasumba that true and the only recovery is when he goes out of power
Too late, my friend! Just wait to face the boot! No more tricks, we have had enough!
Too late for that
How and y this time.is it going to be more money in poket o no completely
Hopefully your party & government will not be in charge of implementing it.
Hw many programmes hv u launched since 2015 that hv materialised in relation to your peers in the region
Too little too late
Nah Sindila So he has realised his shortfall
Manyando Kayangula not at all. He is politicking
Nah Sindila ????
Nah Sindila 2020 is over. Why should he begin in 2020?
Manyando KayangulaManyando Kayangula he is always in campaign mode. He knows nothing about the economy.
Nah Sindila Sad. Because look at the calendar, we have about two weeks to the end of 2020! The so called recovery begins from 2020 to 2023
Manyando Kayangula kikikikikikiki. Maybe he has forgotten that the year has come to a close or he doesn’t know.
Nah Sindila ????
Let the haters in oppositon and the upnd diasporans choke with jealousy. As for us the development agenda does not stop just because we are close to elections. We continue working as we are mandated to rule this country and manage state affairs. Hh can continue running his upnd on Facebook. We are not bothered by under 5s
Is he not the one laughing in papers that the economy is doing fine….
Bawesu, how u?
Kateka wamano
Wasn’t he the one laughing at people who thought otherwise about the economy??….smh????????
Abs nabo…awe mwe
U are late ba tata
Who were consulted? Lol this man is a joke..
My foot, is it a development agenda or a stealing agenda? Even people like Sibanda can boast of being one of the richest in Zambia today, all because of stealing public funds. What a shame! If I were you, I would just keep quiet.
Sometimes you use the past for base line projections and look at how you will recover productivity and perform the Countries Current accounts and Balance of Payments Economies are not cast in stones He must be outlining his fiscal plans that will be followed by Weekly or monthly economic performance indicators reports to ensure the targets to recovery in the Fiscal Plans 2021 to 2023 are attained and how he will navigate the after shocks and risks presented in the 2020 global economic fallout In 2020 Zambia and Eastern and Southern African countries were hit hardest affected by the economic impacts of COVID partly because of the stronger output contractions in South Africa and Angola and particularly our…
Also observe that commodity prices are a quick indicator of the state of the economy and lock downs since march 2020 greatly underperformed the economies and Zambia in particular because prices are driven by the twin forces of demand and supply. It will be interesting also to hear and review the debt policy refinancing ad restructure plans amidst the Financial frictions as can be restructure to fit into the 2021 Outlooks
@Kwindi or sorry Ba Ed…..
To late,Sir!
You can NEVER reduce INEQUALITY in the world. By our natures we are different and even in heaven there is inequality. the word is INEQUITY and it means something completely different.
Ichisungu ba tata!
Has he stopped laughing?
My question is how many tons of cooper is given to zamefa , at this time in moment talks of poverty, come start processing Cooper than we gone be in business?
Every thing is rocket science for Africans even to process cooper is a problem, make use of Zamefa kK was only a form two
The thing is everything is rocket science for Africans
Our president is a big economic joker
Too little too late
Kkkkkkkkk , seer 1 come and see drummer
Talk is cheap it is money that buys whiskey. I am sure Kaizer knows that saying too. A conference will never fix the economy and every wise person knows.
You were saying you laugh when you hear people saying things are bad. What ha changed now? the economy have become bad 2 days after your statement ??
Plastic.
Quite unfortunate. One moment “I laugh when people say things are bad”. But then there is a recovery plan. Why have a recovery plan when this are good and ‘ YOU’ are doing well.
Is this a Joke?
There may have been no need of an economic recovery plan if there was an economic plan in the first place. The PF (Prodigal Father) has squandered what he inherited from the MMD in loose living and reckless consumerist spending. Instead of investing to create secure and sustainable jobs, the prodigal father spent on luxuries like a jet, airports that will not have more than a million visitors a year, roads for accidents, empty hospitals and temporary housing for security officers who will be destitute once they retire. The Chinese and Indians offered silly jobs like waving traffic and digging trenches on roads. Now, it is all gone. Wasteful (prodigal) father PF!
Same story for years. When will most people actually be economically liberated? People have come and gone and the same promises keep on. When will a ‘good quality of life’ ever emerge for many? In another life?
Two words, Pilato Rogers.
Yaba.. ?
Ba chelwa. Where have you been along?
Recovery from what, he claims he has developed this country more than any other previous regime. His supporters have been saying there’s nothing to fix.
Which covid?
WE MUST MAKE A CLEAN BREAK FROM THE FAILED ECONOMIC MODEL OF THE PAST.
TOO MANY SHOPPING MALLS EXPORTING DOLLARS.
THE MINES CONTROLLING ALL THE FOREX IS UNHEALTHY
This is like trying to be serious with school 2 days before the exam
Campaign mode
Afunta, those whom the god want to destroy, they first make them mad.
I am sure they have realized that things have fallen apart now but when other stakeholders were trying to advise they would retort that nima jealous. This Economic Recovery Program should have been done about a year ago. But now its too late. Its as good as trying fetch water and carry it in a basket. The best is just to go out and continue campaigning. Its a pity that now its as good as fighting a fire without knowing where the source is.
The best plan was to avoid kaloba! Even now avoiding kaloba is a good start. Then next is to stop paying lizard who have done nothing. Discipline on spending including stopping donations to churches by our servants such as no 1. Only spend on service delivery related matters. Restructure government like removing ministry of religion and ministry of chiefs etc. All these don’t need spending money to host useless conference
Desperate and sad. First pay that ka installment kaili.