Modest economic growth seen in NDP11

But the targeted growth rate will not be enough to address the country’s development challenges, which include poverty, income inequality unemployment, finance minister Kenneth Matambo told a NDP11 consultative conference yesterday.

NDP11 kicks in next year covering the period from 2017 to 2022 to succeed the current NDP10 ending this year. “Though marginally better than in NDP10, the 4,4 percent average growth in the medium term will be insufficient to address the development challenges of unemployment, poverty and income inequality. Our challenge is to find measures that increase the growth of the economy beyond the projected level of 4.4 percent,” said Matambo.