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Zambia's economic growth is expected to remain weak with growth rebounding moderately to 2.4% in 2020 and 2.9% in 2021............. Inflation is expected to be
Zambia's economic growth is expected to remain weak with growth rebounding moderately to 2.4% in 2020 and 2.9% in 2021............. Inflation is expected to be at 9% in 2020-2021 period pushed by large exchange rate depreciations and food prices increases. Other challenges are low Foreign exchange reserves and mounting debt levels.
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You have been asked to advise the Minister on what must be done to overcome the economic challenges. Write an dvisory note on what Zambia must do?(50 Marks)
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