Zambia’s solution to ending economic difficulties not in the hands of IMF —M’membe

Socialist Party leader Dr, Fred M’membe, says the lasting solution to Zambia’s economic difficulties does not lie in the International Monetary Fund (IMF).

M’membe said Zambia’s solution should be placed in the collection of fair and adequate revenue from the mining sector for support to secondary industries such as manufacturing.

The SP leader said this in a statement issued in Lusaka on Monday

He further noted that the solution lies in the development of the arts, a hugely important industry that those in power today had reduced to a footnote in a Ministry.

“It lies in increased state support to agriculture and enhanced food security, but those in power today are quicker to listen to the IMF,” M’membe said.

He pointed out that the government had removed subsidies on farming inputs even when the United of America and other Western countries still had subsidies in sectors such as the agriculture industry.

“It lies in increased state of investment to social sectors such as education and health,” M’membe stated.

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