SECRETARY to the Treasury Felix Nkulukusa says if the scale and magnitude of the prevailing drought is bigger than initially projected, the country may not only have challenges with food security but also electricity security. And Bank of Zambia Governor Dr Denny Kalyalya says one of the reasons the Central Bank decided to pull resources from commercial banks is to encourage them to start looking outside government for their operations. Speaking during a panel discussion at the Zambia Economic Growth Forum 2024, Wednesday, Nkulukusa said the 2024 budget might have to be realigned in order to respond to some drought-related crises. “…But now, we face an eminent drought, we are waiting for our colleagues in the Agriculture sector to undertake...

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