THE Economics Association of Zambia (EAZ) has warned of potential risks of overpricing as the country transitions to the use of new bank notes. And EAZ president Oswald Mungule has urged government to create a new vehicle, away from Zesco, that will be buying power from Independent Power Producers (IPPs). Meanwhile, Dr Mungule says the realignment of the United States of America’s funding to Zambia through USAID will put pressure on the budget. Addressing the media, Wednesday, Dr Mungule said EAZ was in support of the change in bank notes. “EAZ supports the introduction of new bank notes. The EAZ also notes some risks associated with this transition from old notes to new bank notes. The first one is that...
