Advertisement
Business

Ensure clear economic recovery plans–experts

Advertisement
Williams Banda

Commentators have urged the government to ensure putting in place policies that would facilitate quick recovery of the economy from possible effects of Covid-19 pandemic.

The experts, David Kamchacha and Tamani Nkhono Mvula say the government should consider putting in place measures that would spur agricultural productivity and recovery of the industry.

They warn that failure to plan will see the economy plunge with the already ailing private sector likely to be squeezed further.

Advertisement

Speaking in an interview Wednesday, Kamchacha, who is Chancellor of the University of Hebron, said the plan should be beyond the next national budget.

“They [the government] need to plan beyond the three months which were envisaged because even if the virus ends today, it will take more than three months for the economy to rebound,” Kamchacha said.

In a separate interview, Nkhono Mvula, an agriculture expert, said the government should come up with a comprehensive plan to minimise possible spillover effect into next year.

Advertisement

He said Covid-19 has and continues to disrupt the supply chains of critical inputs and a remedy should be found.

“The earlier we start the logistics for importation the better. The government should engage the private sector to be at the center of these activities,” Mvula said.

Treasury spokesperson, Williams Banda, said the calls are policy related and all stakeholders are encouraged to share ideas with the ministry for consideration.

“Actually, we are currently receiving input from various stakeholders on the 2020/21 National budget but also any other ideas on sustaining the economy are welcome so they should bring them forward,” Banda said.

Facebook Notice for EU! You need to login to view and post FB Comments!
Advertisement
Tags
Show More
Advertisement

Related Articles

Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker