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Wednesday, 10 July 2013

Ministerial Statement on the Fuel Subsidy

A recent ministerial statement by Energy Minister Christopher Yaluma on the recent removal of the fuel subsidy. The statement can also be found at the National Assembly website.  According to this statement GRZ spent a staggering US$500m on fuel subsidies between 2009 and 2013. Thats 2/3rd of the recent Eurobond. 

Chola Mukanga | Economist | Writer
Copyright © Zambian Economist 2013

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