ECONOMIST Dr Lubinda Haabazoka says the Bank of Zambia’s decision to maintain the Monetary Policy Rate at 14.5 percent is a positive step towards economic recovery, but insists that more needs to be done. On Friday, the Bank of Zambia (BOZ) Monetary Policy Committee maintained the Monetary Policy Rate at 14.5 percent for the second quarter of 2025. Commenting on the matter, Saturday, Dr Haabazoka said this decision comes at a time when Zambia is showing promising signs of macroeconomic stability. “Zambia’s Monetary Policy direction: a positive step towards economic recovery, but more needs to be done. I welcome the decision by the Monetary Policy Committee (MPC) of the Bank of Zambia to maintain the Monetary Policy Rate at 14.5%....

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