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Musokotwane highlights need to benchmark Zambia’s economy against international standards


Finance and National Development Minister, Situmbeko Musokotwane, says benchmarking with world-class economies is critical in reaching local economic targets.

This is according to a statement posted on the Ministry of Finance official social media handle on Sunday.

Musokotwane said to boost agro-production, attain food security, effectively supply the region and become internationally competitive, the government was developing engagement plans with Brazil, South Africa and Australia among others.

Read more: Zambia scouting for fuel pipeline investors —Finance Minister, Musokotwane

“This is being done to facilitate benchmarking and information exchange programmes that will help the country to bridge the gap between conceptual development strategies successful methodical implementation ” Musokotwane explained.

He disclosed that he recently held a bilateral meeting with Brazilian Secretary for Economic Affairs, Development, External Finance and Regional Integration, Renata Amaral on the need for strong collaboration between Zambia’s and relevant institutions in her country involved in agro-production.

Musokotwane said through the process leadership of the Ministry of Agriculture and Zambia Development Agency, plans were underway to forge more partnerships.

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