Zambia’s Growth Must Be Grounded in the Real Economy
Zambia’s recent momentum in service sectors such as ICT and finance performing with promising outlook but these efforts must not overshadow the critical components of pulling key sector’s performances into the real term equations.
The importance of strengthening Zambia’s economy speaks of key sectors such as agriculture, mining and manufacturing, which places a special demands to compliment balanced economic equation.
These highlighted aspects of both primary and secondary sectors still remain the true engines of employment, exports and inclusive national development.
Services industry has shown strong standing performances but should support the entire economic system and cannot act as replacements to our productive base rather than considerations of both uplifting policy support initiatives complimenting with key fundamental factors to simultaneously drive growth with core sectors.
However, in order to achieve a resilient and balanced economy, Zambia must pursue integrated sectoral growth models where innovation and investment flow across both rural and urban sectors, and where all parts of the economy move forward together.
