Promise
Improve economic and fiscal governance through the strengthening of regulations
Promise History
The cabinet declares that all workshops be done in government offices
Cabinet has declared that all government workshops will be held at government buildings and the money saved from this would be channelled towards solar equipment. this will improve the fiscal discipline of the government sector while saving money for other initiatives
Zambian State visit to China to boost cooperation
President Hichilema has initiated a state visit to China in an effort to further strengthen economic diplomacy and boost cooperation.
Zambian Government has also increased funding to the Radiation Protection Authority
The Zambian Government has increased funding to the Radiation Protection Authority to enhance its institutional capacity and regulatory mandate as well as to ensure that Zambia continues to mainstream all relevant international Conventions and Treaties at the national and sub-regional level.
Kariba Dam rehab now at 74 percent completion
The Kariba Dam Rehabilitation Project, funded by the African Development Bank, the European Union with counterpart funding by Zambia and Zimbabwe
Zambia seeks debt reduction
Zambia seeks debt reduction as part of restructuring package
Economic team appointed
President Hichilema appointed an economic team dedicated to better fiscal and monetary discipline.
Inflation decreased
Zambian inflation brought down by appreciating the local currency (Kwacha).
Agreement reached with the IMF to establish a credit facility
The Zambian Government reached an agreement with the International Monetary Fund (IMF) on 1.4 billion, three year extended credit facility
Government fiscal policy implementation
President Hakainde Hichilema's new government to implement policies to reduce the fiscal deficit, restore economic growth and review mining policies.
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