Low inflation will foster growth:Zambia's Fundanga

The achievement and maintenance of a low and stable inflation rate is essential for economic growth, Caleb Fundanga, the governor of the Bank of Zambia, stated.

Fundanga said low inflation was key to enhancing investment, business planning, maintaining confidence in the economy, external competitiveness and stabilising people's incomes.

"Overall growth in the economy would be underpinned by low and single digit inflation and a relatively stable exchange rate," the governor said. "With an enabling

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