Ministerial Statement on the Performance of the Economy amid the COVID-19 pandemic By Honourable Minister of Finance, Dr. Bwalya K.E Ng’andu

COVID-19 has reversed the fortunes of many economies around the world.
IMF revised its 2020 global economic growth forecast to -4.9% on account of foreseen economic disruptions around the world.
Economic disruptions are expected to affect the tourism and travel industry, manufacturing output, trade activities as well as dampen demand for goods in general.

July 29, 2020/by pmrc