Category: Press Statements

GOVERNMENT NEEDS TO EXERCISE CAUTION WITH REDESIGNING MINING FISCAL POLICY

The new dawn Government has signalled a move to support the increase in copper production, from 800,000 tonnes to over 3 million tonnes in 10 years. This coupled with high copper prices will bring in more dollars through taxes and export earnings, create more jobs and business opportunities, etc.

IS AN INTERNATIONAL MONETARY FUND (IMF) PACKAGE BETRAYAL OF THE ZAMBIAN PEOPLE OR DEBT TRAP?

As Centre for Trade Policy and Development (CTPD), we would like to commend Government for taking very bold and highly ambitious stance towards an IMF programme. The country’s much needed political will to transform the economy.

CTPD WELCOMES THE NEW ADMINISTRATION’S COMMITMENT TOWARDS TRADE AND INVESTMENT PROMOTION.

The Centre for Trade Policy and Development (CTPD) welcomes the new administration’s commitment towards the promotion of Trade and Investment, as it is key in fostering economic development and revenue generation. It is cardinal to consider the interest of both local and foreign investors by ensure there is a balanced competitive environment that promotes the…
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CTPD 2022 NATIONAL BUDGET EXPECTATIONS

In the spirit of fiscal consolidation principles, we expect the 2022 National Budget to be characterized by a re-alignment of priorities within the existing expenditure framework. We do not expect a substantial change in the total budget size.

UNDERSTANDING THE DEBT SERVICE SUSPENSION INITIATIVE (DSSI)

On 9th October 2021, the Government of the Republic of Zambia through the Republican President, His Excellency Mr. Hakainde Hichilema, announced that, “as part of its debt management and negotiation, Government signed the DSSI with a number of lenders which include members of the Paris Club, Kuwait Fund, Saudi Fund, Development Bank of Southern Africa…
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FRA URGED TO GIVE ITS POSITION ON MAIZE PROCUREMENT

The Centre for Trade Policy and Development (CTPD) has called on the Food Reserve Agency (FRA) to urgently give its full position on maize procurement in this marketing season. We have noted with concern that hundreds of bags of maize belonging to small scale farmers are going to waste at some named Food Reserve Agency…
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CTPD CALLS ON GOVERNMENT TO BE MORE CONSULTATIVE ON ECONOMIC POLICY REFORMS

The Centre for Trade Policy and Development (CTPD) calls on Government through the Ministry of Finance to consider building local consensus on the key economic reforms it plans to institute while engaging cooperating partners for technical or financial support. This is critical in getting the ‘buy in’ of the citizens, now that we are past…
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EXPECTATIONS OF THE PRESIDENTIAL ADDRESS – OPENING OF PARLIAMENT

As His Excellency the President Mr. Hakainde Hichilema officially opens the 1st Session of the 13th  National Assembly, the Centre for Trade Policy and Development (CTPD) hereby provides the following as our expectations to inform the address to the National Assembly and the country at large.

CTPD’S EXPECTATIONS ON THE UPCOMING BANK OF ZAMBIA MPC DECISION ANNOUNCEMENT

As the Bank of Zambia (BoZ) Monetary Policy Committee (MPC) sets to announce its monetary policy decision on Wednesday 1st September 2021, the Centre for Trade Policy and Development (CTPD) expects the committee to maintain the policy rate at 8.50 percent. Considering the high overall inflation, any adjustments to the policy rate should be upwards…
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CONGRATULATORY MESSAGE TO HIS EXCELLENCE MR HAKAINDE HICHELAMA AND VICE PRESIDENT MUTALE NALUMANGO

It is with profound accolades that we wish to congratulate His Excellency Mr. Hakainde Hichilema, President of the Republic of Zambia and her Honor the Second female Vice President of Zambia, Mrs. Mutale Nalumango, and the United Party for National Development (UPND) for emerging triumphant in the just ended August 12, 2021 General Elections. We…
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