Minister of Finance and National Planning, Situmbeko Musokotwane, has welcomed Bloomberg’s revised positive outlook for Zambia, which projects economic growth of over 6% in 2025, the highest since 2018, when the economy grew by 4%.
The updated forecast, issued in August 2025 by Bloomberg’s Matthew Winkler, follows an earlier presentation on Zambia’s economic prospects at the Africa Business Media Innovators Summit held in Livingstone.
Bloomberg attributes the anticipated rapid growth to improved economic conditions and policy reforms.
Dr. Musokotwane said the projection reflects not only the resilience of Zambians, but also the bold reforms implemented by the New Dawn Administration and embraced by stakeholders across the economy.
He noted that after reversing the “self-inflicted economic regression” experienced between 2019 and 2021, government remains committed to fiscal discipline, debt sustainability, and creating a competitive environment for investment and inclusive growth.
“The confidence shown by investors is not only encouraging but a testament to the bright and prosperous future that we are building for the country,” said Dr. Musokotwane in a statement issued to RCV News in Lusaka today.
Meanwhile, Bloomberg News Editor-in-Chief Emeritus Matthew Winkler and Bloomberg News Africa Managing Director Arijit Ghosh have commended Dr. Musokotwane for his outstanding contribution to high-level discussions on unlocking Zambia’s economic potential during the summit.
The duo reaffirmed Bloomberg’s commitment to future collaborations with Zambia, crediting the country’s strong economic performance to sound policy direction and the benefits of credible, data-driven reporting.
“It was a privilege to host ABMI for the second time in Zambia, and we look forward to future opportunities to convene in your beautiful country,” they said.
By Christabel kamunu
