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Steady Growth Predicted For Zambian Economy

  • Peter Clottey

The Zambian government is projecting an average of 6% growth in its gross domestic product between 2006 and 2008. Analysts say mining and construction will continue to dominate the economy. They say other sectors that should contribute to growth include manufacturing, tourism, transport, storage and communications. The government says it will focus on labor-intensive sectors such as agriculture and manufacturing. Particular attention will be placed on expanding rural infrastructure, such as feeder roads, bridges and dams. Zambia recorded a 4.6 percent GDP growth rate in 2004, thanks mainly to increased copper production. Zambian finance minister Peter Magande spoke to English to Africa reporter Peter Clottey from the capital, Lusaka.

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