Zambia’s Current Macroeconomic Stability Required to Sustain for Long-Term Growth Effects 

Zambia has made commendable progress in restoring macroeconomic stability marked by a confluence of key factors such as the declining inflation, a more stable currency, and renewed investor confidence. These gains reflect prudent fiscal management, tight monetary policy and improved coordination across various economic sectors.

However, macro stability is only the foundation though which the government and stakeholders can now focused on ensuring that this progress is sustained and translated into inclusive, long-term durable economic growth.

To achieve this, we are strengthening fiscal discipline, expanding domestic resource mobilization and avoiding unsustainable debt accumulation.

At the same time, the Bank of Zambia should continue to pursue a sound monetary policy aimed at price stability and a resilient exchange rate.

The government is accelerating structural reforms that improve the business climate, enhance transparency, and strengthen public institutions. We are also prioritizing diversification, investing in agriculture, manufacturing, tourism and energy to create jobs and reduce dependence on copper.

Furthermore, our efforts are deeply rooted in inclusive development.

We are expanding social protection, investing in human capital, and empowering youth and women to participate meaningfully in the economy.

Zambia stands ready to consolidate these gains through sustained reform, strong partnerships, and a shared commitment to national development.

We are confident that with continued discipline and innovation, our economy will remain on a path of stability, resilience, and shared prosperity.