Economist backs revision of Statutory Reserve Ratio
• With the increase of the Statutory Reserve Ratio there are two things that the Bank of Zambia wants to achieve.• They want to manage
Tag : Economy
Economist calls for more agriculture production to increase FOREX earnings
• Zambia is supposed to be a producing country.• Producing more for exports can enable the country have more foreign earnings to stabilize the Kwacha•
SDF intended to end reliance on external support – SADC
• Proposed nearly a decade ago, as a self-financing and revolving mechanism.• Agreement to operationalize the Fund has been signed by only nine Member States.•
Economist nods approval of K22 billion supplementary budget
• It will go a long way in ensuring that government continues with its agenda to deliver quality services.• Government has a responsibility to create
Economist urges Government to work on liquidity levels
• From January we have had extremely low liquidity levels.• Government consumed a lot of goods and services the previous year but it is not
Kwacha rebound attributed to improved US dollar supply
• Last week, the Kwacha appreciated by more than 2.5 percent.• This was due to improvement in terms of supply on the interbank market.• The
Economist expects Annual Inflation down to 12.8%
• The key drivers again is the base effect.• We are expecting inflation to continue coming down in the coming month.• Month on Month Inflation
Kwacha maintains stability against US dollar
• Last week, the Kwacha appreciated by an average of 1.1 percent, the highest recorded in a period of eight weeks.• This could be attributed
Drop in Annual Inflation rate does not mean reduced Commodity prices –Economist
• Drop in Annual inflation rate to 13.1% from 14.2% recorded in February 2022 does not necessarily mean that commodity prices will start reducing• The
Kwacha expected to fall by 1%
• This week the Kwacha is expected to return to its weakening path due to lack of supply on the market.• Demand for dollars is