Austerity measures long overdue – YALI

Young African Leaders Initiative (YALI) President Andrew Nthewewe says the austerity measures announced by President Edgar Lungu are long overdue considering the challenges country’s economy has been facing.

Mr. Nthewewe sayNthewewe YALIs President Lungu has made a bold decision by cutting government spending, stating that it is time the country stopped living beyond its means.

He notes that certain things that the government has spending on resources on are not necessary, adding that there many other areas on which government cut expenditure.

He however, notes that certain measures announced by the President will have serious implications on the cost of living for the people of Zambia, while they are worth taking.

Mr. Nthewewe adds that Zambians expect to see government expenditure cuts immediately.

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