The World Bank has urged Zambia to take the diversification of its economy seriously and use the agriculture sector as an engine for economic growth.
Bank Country Director for Malawi, Zambia and Zimbabwe Kundhavi Kadiresan is worried that the agriculture sector has continued to underperform.
Speaking in Kitwe when she addressed Copperbelt University Economic Association students, Dr. Kadiresan says the agriculture sector’s contribution to the Gross Domestic Product is less than nine percent.
She has also implored Government to look beyond maize production when exploring the potential in the agriculture sector and scale Non Traditional exports with a serious emphasis on tobacco and sugar exports among others.
Dr. Kadiresan says the plummeting copper price on the world market is a threat to Zambia’s economic stability and this has been compounded with the reduction in the buying of copper by China.
Bank Country Director for Malawi, Zambia and Zimbabwe Kundhavi Kadiresan is worried that the agriculture sector has continued to underperform.
Speaking in Kitwe when she addressed Copperbelt University Economic Association students, Dr. Kadiresan says the agriculture sector’s contribution to the Gross Domestic Product is less than nine percent.
She has also implored Government to look beyond maize production when exploring the potential in the agriculture sector and scale Non Traditional exports with a serious emphasis on tobacco and sugar exports among others.
Dr. Kadiresan says the plummeting copper price on the world market is a threat to Zambia’s economic stability and this has been compounded with the reduction in the buying of copper by China.
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