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Zambia-poverty-summit

Zambia to hold summit on reducing national poverty

LUSAKA

The Zambian government has said it will host a national summit next month on reducing poverty in the impoverised southern African country.
The summit, to be attended by a cross-section of Zambian society, will be held between October 15-18, Boniface Nonde, permanent secretary in the ministry of finance, said on Tuesday.
He said the summit will "establish why poverty still looms large even after the strong efforts in the past to eradicate it".
The Zambian government has come up with a draft document called the Poverty Reduction Strategy Paper (PRSP), which will be tabled at the summit.
Zambia is one of the most indebted and impoverished of African countries with an estimated 75 percent of its people classified as poor.
The country owes international creditors about 7 billion US dollars. It recently qualified for consideration by the World Bank and the IMF-driven Highly Indebted Poor Countries Initiative (HIPC).

AFP - 07:49:19

 
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