Subsidy removal to improve economy -Lungu


PRESIDENT Edgar Lungu says the removal of subsidies and the subsequent increase of the pump price of fuel  is inevitable in order to put money in the right sectors in turn grow the economy. And President Lungu has described the just-ended Southern Africa Development Community (SADC) summit in Madagascar as successful but has challenged African countries to put the resolutions passed in such meetings into practice so that they did not remain mere rhetoric. Speaking to the media upon his arrival at the Kenneth Kaunda International Airport (KKIA) last evening, President Lungu said those who were making noise over the increase in fuel price with the hope of attaining cheap political mileage were free to do so but assured the nation that Government was looking at ways of mitigating the impact on the most vulnerable. He said he had made it clear long before he was re-elected that the country would face many challenges which would force Government to make drastic and painful decisions which would benefit the country in the long-run, saying it was in the best interest of the country that subsidies were removed for the economy to improve. He said while the current situation would hit hard on the Zambians, things were bounds to get better in the near future and has maintained that he would not be swayed into reversing any economy recovery decision by politically motivated individuals because such measures were inevitable. “It is inevitable that we do away with these subsidies so that we put money in the right areas of the economy in order to grow the economy so that people can lead better lives. Those who are crying let them do so but we will not listen to them. Let them cry because their job is to cry and think that they can make political capital out of it. “Before I was voted back into office, I said we are going to face a difficult future where we are going to make painful decisions and I think I am very clear about that. Yes, there will be suffering among our people but as Government, we are going to look at ways of cushioning the most vulnerable and improve the economy and so, those who are crying, I hear you but tomorrow things will be better,” President Lungu said. The presidential jet carrying President Lungu and his entourage touched down at the KKIA at 18:11 where he was welcomed by the Vice-President Inonge Wina, senior government officials, and PF party officials.


Categorized | Home News

Comments are closed.

Our Sponsor

Jevic Japanese Auto Inspections

Social Widgets powered by