Cost of living in Zambia extremely high

It is unacceptable that so many Zambians are still struggling to obtain the basic necessities of life in a country with so much potential, says UPND president Hakainde Hichilema.

Mr Hichilema said  under the PF’s watch, the cost of living has increased dramatically.

“They promised more money in your pockets, but under their Government that money is worthless,” he said

In a press statement, Mr Hichilema said that the removal of the mealie meal subsidy without warning or a strategy to keep prices down and provide assistance to the vulnerable was irresponsible.

“ The removal of fuel subsidies quickly led to an increase in food and transport prices that has damaged local businesses even while the price of crude oil on the international market has reduced by almost 35 per cent” said Mr Hichilema.

He said to add insult to injury, it was unclear how the money supposedly saved in subsidies was spent, particularly at a time when the PF Government had built up a lot of debt while farmers had gone unpaid and students had seen their allowances delayed.

There was need to sustain a lower cost of living through improved education, investment in agriculture and better economic management.

“ Inaction or complacency is not an option. If we do not do anything, costs will continue to rise and more Zambians will fall under the poverty line,” he said

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