Is dependence on foreign aid here to stay?

Third World countries, which were the hardest hit by the global recession that was worsened by a precipitous fall in all the major stock markets and commodity prices, still continue to face a macro-economic framework and inflation crisis that has consigned millions to poverty and dependence on foreign aid.

But the good news is that concrete steps are being taken by these least developed nations, working together with the Brentwood Institutions - the International Monetary Fund (IMF) and the World Bank - to address inadequacies in economic resource management framework which have reduced returns from programmes implemented so far.

An IMF delegation was recently in Zambia reviewing the Extended Credit Facility (ECF) for the fifth time to help boost the country's economic growth, which now stands at 5.5 percent, and reduce poverty levels.  

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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