According to the Institute of International Finance (IIF) report which was made available to the Daily Mail, tourism is one of the sectors expected to contribute to Zambia’s economic growth.
Zambia’s gross domestic product is expected to grow by 4% in 2017 from 2.8% in 2016. Other sectors said to contribute to the growth include mining and agriculture.
On the foreign currency front, IIF anticipates the exchange rate (kwacha) to be better supported once the International Monetary Fund programme is in place and also because of the international reserves, which are expected to stabilise in 2017.
