• The country has more demand for dollars to support importation of various goods and services like fertilizer and fuel.• Zambia is not producing enough
• The bank has cited rising food inflation and the need to contain inflation expectations.• Inflation moved away from the current and projected target range
• Debt restructuring deal has come with optimism regarding the future of the economy in terms of its performance.• This has resulted in high demand
• It reflects a growing acceptance and adoption of digital technologies in the financial sector.• This can have a profound impact on the country’s economy
• Government will soon start the process of negotiating with its private creditors on debt restructuring.• What government has currently agreed upon, are principles of
• The Monetary Policy Committee took into account the actual annual average inflation of 9.6% in quarter one.• BoZ projection is that inflation rate would
• This is resulting from a number of sentiments especially around the country’s debt restructuring.• Bank of Zambia has been intervening to try to ease