{"id":46666,"date":"2026-09-28T13:22:36","date_gmt":"2026-09-28T11:22:36","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=46666"},"modified":"2026-09-28T13:22:36","modified_gmt":"2026-09-28T11:22:36","slug":"zambia-aims-to-lift-economic-growth-to-7-over-next-three-years","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/zambia-aims-to-lift-economic-growth-to-7-over-next-three-years\/","title":{"rendered":"Zambia aims to lift economic growth to 7% over next three years"},"content":{"rendered":"<div dir=\"auto\"><\/div>\n<div dir=\"auto\"><span style=\"font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">Zambia aims to lift economic growth to an average of \u200b7% over the next three years, \u200cbuilding on progress in restructuring its external debt, its Finance Ministry said.<\/span><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The government&#8217;s medium-term \u200bmacroeconomic framework projects growth of 6.0% \u200bin 2027, 7.5% in 2028 and \u20607.1% in 2029, the Finance Ministry \u200bsaid in a statement on Sunday.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">This year&#8217;s \u200bbudget, presented in September last year, projected growth of 6.4% for 2026.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The International Monetary Fund (IMF) forecasts \u200bmore modest growth of 4.3% this \u200byear.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Finance Minister Situmbeko Musokotwane said the government wanted \u200cto \u2060move beyond stabilising the economy to securing more investment, stronger exports and boosting job creation by harnessing sectors like \u200bmining, energy \u200band agriculture.<\/div>\n<div dir=\"auto\">Musokotwane, \u2060recently reappointed after last month&#8217;s election, oversaw protracted debt-restructuring negotiations \u200bafter the Southern African copper-producing country \u200bdefaulted \u2060during the COVID pandemic.<\/div>\n<div dir=\"auto\">Zambia hopes to agree a new IMF programme before the end \u2060of \u200bthe year after its \u200bprevious $1.7 billion arrangement ended in January.<\/div>\n<div dir=\"auto\"><\/div>\n<p>\u2014Reuters\u2014<\/p>\n","protected":false},"featured_media":43418,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-46666","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"This year's \u200bbudget, presented in September last year, projected growth of 6.4% for 2026.","published_date":"","news_description":"This year's \u200bbudget, presented in September last year, projected growth of 6.4% for 2026.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46666\/revisions"}],"predecessor-version":[{"id":46673,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46666\/revisions\/46673"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/43418"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=46666"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=46666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}