Electricity, fuel subsidies to go – Lungu


By Wallen Simwaka in New York

PRESIDENT Edgar Lungu says that he will be taking difficult and tough decisions including dispensing with unnecessary subsidies especially in electricity and petroleum products to strengthen the country’s economic outlook in the next five years.

And President Lungu has said it was unfair for the donor community to have accused Government of high-handedness after the Independent Broadcasting Authority (IBA) suspended the broadcasting licence for Muvi television which was propagating hate messages after the August general elections.

President Lungu announced that Government would have to do away with unnecessary subsidies in order to cut unwanted expenditure and improve the outlook of the national treasury.

Speaking when US Assistant Secretary of State Linda Thomas Greenfield paid a courtesy call on him on Saturday at Walford Hotel here in New York, President Lungu said he was ready to make unpopular decisions for the sake of enhancing the performance of the country’s economy.

And President Lungu said it was incorrect for part of the diplomatic community in Zambia to link the closure of Muvi Television to the August general elections because the television station had taken a dangerous path of propagating hate messages against a particular group of citizens in the country.

Categorized | Home News

Comments are closed.

Our Sponsor

Jevic Japanese Auto Inspections

Social Widgets powered by AB-WebLog.com.