Medium term outlook positive � Matambo

Matambo says the service sector has shown much potential
Matambo says the service sector has shown much potential

A positive economic outlook is anticipated in the medium term underpinned by growth in the services sector, which contributed about 4.7% this year and 5.3% in 2018.

The estimates are contained in the Budget Strategy Paper, a blueprint for the budget produced annually at least three months before the Budget Speech. The Paper is usually discussed at three dipitso before final ministerial feedback and submission of the proposed budget to Cabinet in December, ahead of the speech in February.

Briefing stakeholders at the first pitso yesterday, Finance and Economic Development Minister, Kenneth Matambo said such positive growth rate would largely be driven by the services sector.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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