Zambia expects its gross domestic product to shrink by around 4.2% in 2020, more than the 2.6% contraction forecast by the central bank in May, finance minister Bwalya Ng’andu said on Wednesday.
Sectors including mining, energy, construction, manufacturing, tourism, trade and transport were all expected to record poor performances due to Covid-19, Ng’andu said.
Choose the African Mining Market as your preferred source on Google and never miss a moment on current mining and industrial news.
