Zambia Named Most Stable, Democratic and Peaceful Country
22 February 2019
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DFID Director General Lindy Cameron shakes hands with Minister of Finance Margaret Mwanakatwe after a bilateral meeting in Bali-Indonesia. Photo: African Media.

Johannesburg, South Africa (ADV) – Zambia has been named the most stable, democratic and peaceful country in the region.

This was revealed by the United Kingdom Department for International Development Director General (DFID), Lindy Cameron, during a bilateral meeting that she recently held with the Zambian Minister of Finance, Margaret Mwanakatwe. Cameron said it was inspiring to listen to the county’s fiscal sustainability plans.

“I am confident that working together, we will develop programmes that will achieve a better impact, not only on the growth of small and medium enterprises, but also on activities that will have a lasting positive impact on poverty reduction,” she proudly said.

Mwanakatwe added the government has embarked on a progress tracking system that will help to strengthen expenditure monitoring and demonstrate that tax-payers money was being used prudently for sustained economic growth, through quarterly reports.

“We need a clear picture on the size of the economy. Due to its changed structure from 2010 to date, we have set aside funds in the 2019 budget to rebase the Gross Domestic Product in order to attain an all-round measurement about what is happening in our economy,” she said.

The Minister further made a promise that the government would remain firm in its resolution in ensuring that fiscal consolidation has a resounding impact on implementation of the Seventh National Development Plan, the Economic Stabilisation and Growth Programme, and the National Budget, which was manifested through an improved macro-economic environment, enhanced public service delivery and the uplifted well-being of the citizenry.

– African Daily Voice (ADV