By Chileshe Mwango
The opposition Movement for National Transformation –MNT- has described the Economic Recovery Programme launched yesterday by President Edgar Lungu as weak.
Party President Daniel Shimunza also says the devastating implications of covid-19 and climate change should not continue to be an excuse for lack of recovery of the ailing Zambian economy.
Dr. Shimunza says a government that is transformative is capable of managing the underlined challenges without running to giving excuses as a way of hiding ineptness and incompetence in macro-economics.
He tells phoenix news that the programme lacks macro-economic vision outlook, strong economic reforms.
President Edgar Lungu yesterday launched the economic recovery programme-ERP- for the period 2020 to 2023 with a determination to restore Zambia’s economic growth through restoring growth and safeguarding livelihoods through microeconomic stability, economic diversification and debt sustainability.