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
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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