Sondashi Predicts Unstable Economy

Forum for Democratic Alternatives President Ludwig Sondashi says the economy will remain unstable under the Patriotic Front government as they had shown a huge appetite for uncontrolled borrowing.

Sondashi said by the time the PF leaves office they would have run down the economy and shackled the country to a long time debt burden.

He said that the borrowing seemed to be focused merely on projects that will be used as a campaign too by 2016 elections and not on the basis of research and need.

“We do not see the economy stabilizing under the PF because they are borrowing for infrastructural projects that seem to be only a ruse to win elections in 2016,” he said.

“They should focus more on industrialization and agriculture reforms which will bring lasting solutions to the economic situation in the country.”

Source : Zambia Reports

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