BMI View: The Zambian government will continue to boost social expenditure as President Lungu attempts
to gain public favour in light of the August general elections. Fiscal revenues will increase gradually, in
line with the copper sector's slow recovery, but real GDP ..."
BMI View: Real GDP growth in Zambia will remain subdued in 2016 at 3.4% due to a struggling copper
industry and persistent power shortages. Private consumption will be restrained by higher interest rates
and food costs stemming from a weak currency. Government expendi ..."