Wednesday 10 August 2011

Zambia Reclassified as a Middle Income Country (AllAfrica)

Zambia has attained the status of the lower middle-income country, a development seen as a booster to economic development by many citizens, economic experts alike. Some people could be wondering as to what is behind all this sudden income growth but it should be noted however that these positives have come about owing to the pragmatic economic policies the MMD Government has continued to implement through the various development plans that include the Vision 2030.
Since independence in 1964, the country has prepared and implemented several medium term national development plans which carried a theme and strategic focus primarily aimed at improving the social economic conditions of the people.