The Business Telegraph projects that the monitory policy rate will remain unchanged because macroeconomic fundamentals have remained stable.
The Bank of Zambia last time in November maintained the Monetary Policy Rate at 9.75 percent for the third quarter of 2018.
The Monetary Policy Committee is today and tomorrow sitting to decide whether to change the monitory policy rate or not before announcing the decision on Wednesday.
But the Business Telegraph tells Money FM News that it expects the Bank of Zambia to maintain the rate because major fundamentals such as inflation have remained stable.
The business firm states that there is need for stimulus to grow the economy.
In November the BoZ said the decision to maintain the policy rate was due to inflation which remained high at between 6% to 8% and the continued low economic growth with heightened downside risks.
Bank of Zambia Governor Denny Kalyalya said other factors considered are low private sector credit growth, sustained high fiscal deficit, rising public debt and external service debt payments.

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