EONOMIST Trevor Hambayi says government should move away from single-digit inflation and focus on growing the country’s GDP. Hambayi says in order for GDP to grow, there has to be liquidity in the market which will increase inflation but drive production at the same time. Recently, Finance and National Planning Minister Dr Situmbeko Musokotwane said the country was expected to experience a four percent economy growth rate, but Hambayi says that is an indication that the country is getting poorer. Speaking in an interview, the economist said a four percent GDP growth is not enough to improve the cost of living in the nation. “You must remember the four percent GDP growth is insufficient to be able to mitigate the...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe