Zambia Among Africa’s Top 10 Fastest-Growing Economies for 2025
Zambia has been ranked among the top 10 African countries expected to experience significant Gross Domestic Product (GDP) growth in 2025, according to the latest World Economic Outlook report by the International Monetary Fund (IMF).
The IMF projects a 6.6% GDP growth for Zambia, placing it sixth on the continent. This growth is anticipated to stem from the easing of adverse weather effects and supply chain constraints.
The Economics Association of Zambia (EAZ) has endorsed the IMF’s projection, describing it as realistic due to the government’s implementation of long-term economic recovery measures.
EAZ National Secretary, Dr. Nicholas Mainza, emphasized that the revival of several mining operations will significantly contribute to Zambia’s GDP growth. He also noted that the government’s ongoing economic reforms will yield positive outcomes in the near future.
Similarly, Isaac Mwaipopo, Executive Director of the Center for Trade Policy and Development (CTPD), told ZNBC News that the IMF’s forecast is achievable if Zambia receives favorable rainfall and ensures a stable energy supply.
Mwaipopo highlighted that consistent electricity availability and good rainfall will be crucial to achieving the projected 6.6% growth.
The IMF report reflects optimism about Zambia’s economic recovery and highlights the importance of strategic reforms and favorable environmental conditions in sustaining growth.
SOURCE:znbc.co.zm
