• Government’s low projections of Gross Domestic Product growth rates of 3.5% for 2022, 3.6% for 2023 and 3.9% for 2024 are reactive than proactive.
• The projected growth rates will not cure the country’s endemic problems
• Without an adequate high growth rate, aspirations for job and wealth creation will remain a dream.

A Political Party says Government’s low projections of Gross Domestic Product (GDP) growth rates of 3.5% for 2022, 3.6% for 2023 and 3.9% for 2024 are reactive rather than proactive.
New Heritage Party President Chishala Kateka told Money FM News that the projected growth rates will not cure the country’s endemic problems such as poverty, unemployment, unstable Foreign Exchange rate and low export earnings.
Ms. Kateka said without an adequate high growth rate, aspirations for job and wealth creation will remain a dream.
She stated that a key question Government should have asked itself is what needs to be done to achieve a GDP growth rate of not less than 6 to 8% consistently year on year as this is an estimated rate, the country needs to achieve in order to restore the economic productivity lost and restore the per capita GDP after adding 4million plus people since 2013.
“With each new party that forms Government gives us an opportunity to press the reset button, it gives the nation to not only have hope once again but also a real opportunity to do the right thing and get the nation back on track for all of Zambians,” she said
And Ms. Kateka stated that Bank of Zambia’s monetary policy approach of focusing on inflation while ignoring the real economic variables that affect citizens on the ground is the major challenge that needs to be addressed.
“New Heritage Party is of the view that it is crucial that Government realize that our raising of issues is due to the fact that we want the party in government to self-correct and head in the right trajectory, for the sake of Zambia,” she added