Economy has recovered, says Kambwili

PF Government Spokesperson Chishimba Kambwili says the Zambian economy is headed for a recovery following the appreciation of the kwacha and the recent increase of commodity prices at the international market.

Kambwili, who is Information Minister, says in the past days, the kwacha gained strength against the dollar, an indication that the economic situation was improving.

He also disclosed that the price of Copper at the London Metal Exchange has gained and it may gain even further in the coming days.

But even before the prices on the International market dropped three months ago, the Zambian economy was in a messy and there is no hope that even if copper becomes expensive, lives of Zambians will improve. How many people were employees last year when the price of copper was high?

Mr Kambwili says Zambians should not be cheated that the nation is headed for worser times because government is doing its best to improve the situation.

Mr Kambwili, who is also Roan Member of Parliament, said this in Luanshya yesterday afternoon.

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