NGO Jobs in Zambia

Country Brief - Zambia

Independent since 1964, Zambia has experienced five successful multiparty elections from 1991. It is a peaceful, democratic country with enormous economic potential grounded in its rich endowment of natural resources.

Zambia’s Vision 2030 envisages the country attaining prosperous middle income status by the year 2030. For this to happen, the economy needs to grow at an annual average rate of about 6-7 percent, slightly higher than the rates of five percent plus, attained during the past five years. In 2010, the country   attained the growth rate of 7.6 percent.  If this growth rate and above is sustained, then Zambia will able to achieve its goal.

After reaching the Highly Indebted Poor Country (HIPC) and Multi-donor Debt Reduction Initiative (MDRI) in 2005 and 2006 respectively, Zambia has turned around its image from a country performing considerably below its potential, to a country with good economic management and several years of strong economic growth. Strong macro-economic performance, coupled with fast pace growth in mining, construction, telecommunications and tourism, helped spur GDP growth of 5.6 percent on average in 2001-2010, which peaked at 7.6 percent in 2010. A number of policy reforms such as acceleration of the budget preparation process, increase of electricity tariffs and privatization of remnant parastatals have been put in place to enhance economic growth.

However, Zambia’s economic growth has not translated into significant poverty reduction, with 59 percent of the population living below the poverty line and 37 percent considered in extreme poverty. Accelerating growth and reducing poverty will necessitate increasing the competitiveness of the Zambian economy by reducing the cost of doing business and ensuring that the rural economy, upon which much of the population depends for its livelihood, contributes meaningfully to overall growth. Despite vast potential and stated commitments to diversification, the mining sector continues to dominate the economy.

Source- World Bank

NGO Jobs in Zambia -International Development, NGOs jobs in Lusaka, Kitwe, Ndola, Kabwe, Chingola, Mufulira, Livingstone, Luanshya.

 

 

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