Zambia among top ten fast growing resource rich economies

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Blackthorn Resources Limited
Blackthorn Resources Limited

Zambia has been listed among the top ten fast growing resource rich economies in the world.

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According to the 2011 to 2015 data sourced from the International Monetary Fund IMF, Zambia recorded 7 point 7 annual economic growth.

Zambia’s Deputy Ambassador to Sweden Anthony Mukwita says the development was disclosed during a meeting hosted by the Royal Swedish academy of Engineering sciences.

 

Mr. Mukwita says it is a plus to have reputable and credible institutions such as IMF to place Zambia on the list of fast growing economies.

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He said IMF has attributed the positive growth to better policies and improved political stabilities along with rising income levels among others.

This is according to a statement released to ZNBC News by Mr Mukwita.

The Business Insider also quotes the IMF as saying that Zambia’s economy is estimated to grow by over 9 percent between 2013 and 2017.

The website article published in 2012 actually ranks Zambia as the 13 fastest growing economy in the world  between 2012 and 2017.

 

ZNBC

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