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Officials of the Jesuit Centre for Theological Reflection (JCTR) have said that the debt relief deal that Zambia has reportedly reached with her creditors provides an opportunity for the government of the Southern African nation to reduce the country’s cost of living.
The high cost of living in Zambia is likely to push low-income citizens “into abject poverty”, the Executive Director of the Jesuit Centre for Theological Reflection (JCTR), an institute that is engaged in research, advocacy, education, and consultancy on social issues, has said.
Officials of the Jesuit Centre for Theological Reflection (JCTR) have decried the increase in food prices in Zambia and are calling on the government of the Southern African nation to consider increasing support to the agricultural sector.
Introducing subsidies on food and energy in Zambia as advised by the International Monetary Fund (IMF) is not going to be sustainable, Jesuit scholars in the Southern African nation have told the government.
Zambia needs to use the mineral resources in the country for sustainable development, an official of the Jesuit Centre for Theological Reflection (JCTR) has said.
Officials of the Jesuit Centre for Theological Reflection (JCTR) have said the continuous rise in fuel pump prices in Zambia is going to “hit hard” on majority of citizens of the Southern African nation.
An official of the Lusaka-based Jesuit Centre for Theological Reflection (JCTR) has said that while the recent increase in fuel prices in Zambia was expected, the move by the country’s Energy Regulation Board (ERB) is discouraging as it will impact negatively on households.