Arrest inflation - PDSA
ZAMBIA should immediately tackle problems in the mining and agriculture sectors and increase exports to control the rising inflation rate.
maybe in 2020 we might come up with better arrangement. The way the economy is now, we do not expect it to improve,” he said And Mr Dodia said the implementation of sales tax is not the matter of when but how the Government would implement it. “The Government need to raise funds and funds come from taxes, so sales tax is a tax but it needs to be implemented when all parties have agreed on the way forward,” he said. continue to experience increase in inflation if various challenges in the economy were not addressed quickly. Mr Dodia cited poor rain pattern experienced in the previous season as a challenge in the agriculture sector. He said in an interview that the economy could continue to struggle for the rest of the year and 2020 if no remedial measures were worked out now. “I think we will continue to see the economy struggling right up to the end of the year, Private Sector Development Association (PDSA) president, Yusuf Dodia, said it was time Government acted positively in handling challenges in mining, agriculture and other critical sectors of the economy. Recently, the Central Statistical Office announced that inflation for June increased to 8.6 percent from 8.1 percent recorded in May, this year. Commenting on this, Mr Dodia said the country would