A business and financial analysist has urged government to commit to the lead down austerity measures if the country’s economy is to perform better.

Speaking in an interview with Money FM News Mambo Hamaundu said it is not the first time that government is making the pronouncement of the austerity measures., adding that the ministry of finance earlier this year made the announcement of the measures.

Mr Hamaundu said the measures are good for the development of the country’s economy, but that failure to implement the measures has been the challenge government has been facing.

“The decision by government to come up with the measures is a realization that the economy is stressed” He said.

“It is also acceptance that the fiscal debt is too huge, and there is need to address the situation”.

Mr Hamaundu said one can only hope that government will be able to adhered to the set remedies to help restore the economy.

In view of the prevailing economic environment President Edgar Lungu called for an urgent Cabinet Meeting on Monday at State House to get a full brief on the state of the economy and to decide on measures to be taken to restore the macroeconomic stability, restore debt sustainability and ensure that growth is restored on an upward trajectory.

And Finance Minister told Journalists in Lusaka that Cabinet deliberated on the growth prospects and the need to restore the Gross Domestic Product (GDP) growth on an upward trajectory in 2019 and over the medium term.

She says Cabinet took recognition of the domestic and external factors that have negatively impacted on growth.