Former Finance Minister Felix Mutati has observed the need to address and minimize the stress the Zambian economy is going through.
Mr. Mutati says there is further need for the government to address the pressure of debt that the country has.
Mr. Mutai says it is imperative that the government works towards addressing the issues of liquidity for the businesses to grow and run effectively.
He says the Zambian government at this moment should be striving to deal with issues of exchange rate and depleting reserves.
He believes that the government still has a chance of fixing some of the linkages in the economy.
The former Finance Minister says the government should also engage the business community over the implementation of Sales Tax that is replacing Value Added Tax (VAT).
He said the implementation of Sales Tax is more risky than VAT.
Mr. Mutati further said the government should have addressed the administrative issues of the VAT.
He noted that the current Sales Tax Bill needs some panel beating.
And the former Finance Minister has encouraged the government to prioritize the dismantling of arrears owed to the farmers.
Mr. Mutati says the agriculture sector is the engine of the economic development and hence the need to help and support the farmers.