ZANACO Board Chairperson Professor Oliver Saasa says government’s projected 6.4 percent GDP growth for 2026 is attainable, owing to the fact that economic fundamentals are stabilising, reserves are growing and debt restructuring is over 90 percent complete. In an interview, Saturday, Prof Saasa expressed confidence that the GDP target was attainable unless something happened, which he said he did not foresee in the short term. “Right now, our foreign exchange reserves are giving us about 5.5 percent of import cover, which means that if a crisis happens, if everything just collapses, all our mines collapse, all our major sources of revenue collapse, we as a country can survive five and a half months from the reserves that we have. It’s...
