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MAJOR CONCERNS RELATING TO THE ZAMBIAN ECONOMY


1. Introduction

Civil society recognizes that a strong economy with sustained rates of high economic growth is a major prerequisite to achieve significant reductions in the prevailing high levels of poverty in the country. There is also a strong correlation between good governance on the one hand and economic growth and poverty reduction on the other. Good governance, especially good economic governance, is premised on, among others, a sound macroeconomic policy environment, institutional reforms, an enabling environment for business and investment, and transparency and accountability in the mobilization, allocation and use of resources. While recognizing that available resources may be inadequate for poverty reduction and human development, civil society is emphatic in its view that, the resource scarcity problem can be significantly mitigated through right prioritization of resources and prevention of their leakage through corruption and misuse.

Civil society is also cognizant of the fact that Zambia exists today in a globalized world and hence its development prospects are as much predicated on the external environment as on internal policy, institutional and behavioural reform.

This paper seeks to highlight some of the major issues perceived by civil society in the context of Zambia’s economy and some of the important changes that civil society would like to advocate in order to make the economy stronger and more resilient.

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