Steven Chimwanga, a Kabompo businessman, has recommended President Hakainde Hichilema’s administration to pursue measures that will boost business and speed infrastructure development in the Kabompo area in North-western region.
Mr Chimwanga believes that sound economic policies are needed to encourage more investment opportunities for residents.
According to ZANIS, the businessman lamented in an interview yesterday that Kabompo has long had bad roads and infrastructure due to previous administrations’ lack of political will.
Dr. Musokotwane, who is also UPND Liuwa Member of Parliament, was speaking to ZNBC News in Lusaka today, but acknowledged that even if the 2022 national budget will be a UPND government budget, not all things need to be changed.
The Former Finance Minister said that he does not see any dramatic changes to allocations towards paying salaries for civil servants and for allocations towards the health sector.
Dr. Musokotwane, who is also the chairperson for the UPND committee for economics and finance, has however projected reduced budgetary allocations towards public debt servicing in the 2022 financial year.
He said the UPND is confident that its vigorous negotiations for debt relief will unlock the funding the International Monetary Fund -IMF- has been holding back from bailing out Zambia owing to the failure by the previous government to effectively negotiate with the Fund.