Tag Archives: United Nations

19Oct/26

Why Zambia National Budget Needs Local Accounting

You Can’t Share Poverty: Reconciling Fiscal Discipline with Local Empowerment in Emerging Economies

Mon Oct. 19, 2026 /Mpelembe Media/ — Hakainde Hichilema’s political memoir and reform playbook, You Can’t Share Poverty: The Choices That Shape a Nation’s Future, sets forth a structural growth doctrine that redefines the social contract in developing nations. The foundational premise argues that state-driven wealth redistribution in low-income or heavily indebted economies serves merely to socialize scarcity and dilute existing capital without building productive capacity. Sustainable poverty reduction and employment creation cannot be achieved through consumption subsidies or state patronage, but require expanding national output (GDP) by attracting foreign direct investment, expanding the industrial tax base, and establishing predictable regulatory frameworks where the state acts as a facilitator rather than a controller of commercial enterprise.
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24Sep/24

Accelerating climate action in tourism is critical for the resilience of the sector and host communities, according UNTourism

During the recent G20 Tourism Ministers’ meeting in Belém, Brazil, UN World Tourism Organization Secretary-General, Zurab Pololikashvili, called for urgent measures to reshape tourism in a way that benefits both the environment and local communities. With tourism on track to return to pre-pandemic levels by the end of the year, Pololikashvili highlighted the importance of looking beyond recovery and focusing on making tourism a force for positive change. Continue reading

01Sep/22

IMF Executive Board Approves New Extended Credit Facility (ECF) Arrangement for Zambia

August 31, 2022

 




The IMF Board approves SDR 978.2 million (about US$1.3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. Continue reading →