By Anthony Chomba,
President Hakainde Hichilema has hailed Zambia’s economic progress, highlighting stability in the kwacha and easing inflation.
In a statement issued to Mafken News, by State House Chief Communications Specialist Clayson Hamasaka, he expressed gratitude to citizens for their resilience and support during the reform journey.
President Hichilema emphasized that prudent fiscal management and structural reforms have delivered tangible results.
He acknowledged the IMF’s partnership and affirmed commitment to building upon the foundations now in place. The Head of State declared that in 2021 the country was in default, but today it is on the path to prosperity.
He noted that inflation has dropped to single digits, offering relief to household budgets. He further observed that public debt has fallen significantly, freeing resources for clinics, schools, and roads.
