Power and Politics

Hichilema’s parliamentary address to set strategic course for Zambia’s economic, social policy

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President Hakainde Hichilema of Zambia is set to address the nation through Parliament tomorrow, a highly anticipated event that is expected to provide critical insights into government’s policy direction for the coming fiscal year.

This annual address comes with high expectations from various stakeholders who are looking for concrete solutions to pressing economic and social challenges facing the country.

The President’s speech will precede the announcement of the fiscal budget and is a vital part of the national mandate.

It offers a platform for discussing governance issues, the current state of affairs, and future policy plans.

The address is an opportunity to reflect on the administration’s achievements, evaluate policy impacts, and outline strategies for addressing ongoing challenges.

Among the key topics likely to be covered are strategies to tackle the energy supply deficit, which has been a significant issue for the nation.

The President is expected to outline planned interventions to ensure a stable and sustainable energy supply.

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Additionally, the address will focus on food insecurity, water and sanitation challenges, and disease control measures, which remain critical concerns for the Zambian population.

The mining sector, a crucial component of Zambia’s economy, will also be on the agenda.

The President is anticipated to discuss new resolutions and strategies related to mining interests, including how the current tax regime will impact the sector.

Another important topic will be the restructured debt portfolio, with the President expected to address how the government plans to manage and mitigate debt-related issues.

This address will set the tone for the fiscal year 2025, a year leading up to the 2026 elections. It is expected to include reviews of previously announced policies, highlighting those that have been successful and proposing adjustments where necessary.

As the nation looks forward to the President’s address, it is clear that this speech will be a crucial moment for assessing the government’s approach to economic and social challenges.

The address will provide valuable information for stakeholders, including the national Minister of Finance, who will use the President’s pronouncements to inform the legislative pieces of the budget and policy frameworks necessary for driving economic growth and national development.

Author: Kelvin Chisanga

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