UNDER HH ZAMBIA’S ECONOMY IS NOW STABLE AND PERFORMING WELL – HAABAZOKA
By Dr. Lubinda Haabazoka
Since President Hakainde Hichilema took office in August 2021, Zambia’s economy has undergone major reforms aimed at restoring stability and credibility.
A landmark debt restructuring deal reached in 2023–2024 under the IMF and G20 Common Framework eased repayment pressures
Inflation, which had soared above 20%, is now in single digits, while improved fiscal discipline and investor confidence have strengthened the macroeconomic outlook.
Economic growth remains modest, driven by mining, agriculture, and growing interest in renewable energy.
The government’s free education policy and recruitment of teachers and health workers are helping to boost human capital, though fiscal sustainability remains a concern.
Investor confidence has returned, with rising activity on the Lusaka Securities Exchange, but access to affordable finance continues to challenge small businesses.
Overall, President Hichilema’s administration has restored economic stability and international credibility. The task ahead is to turn these gains into broad-based, inclusive growth that uplifts all Zambians.
Thieves dont want to hear the truth Mr Lubinda.Good citizens know where we came from,an economy which was in ICU,almost about to collapse.If thieves continued Zambia could have been another low life country.Thank God for HH and his team. Thieves are busy planning and calculating to come back and continue stealing and abusing the public resources. Normal Zambians will never allow this to happen
That’s what you said under PF while vying for a post from lungu. Now you have started the same thing with upnd. You will still not be appointed.