JCTR executive director Fr Alex Muyebe
THE Jesuit Centre for Theological Reflection (JCTR) has urged government to ensure that the Economic Recovery Programme (ERP) is implemented as Zambia enters 2021 to avoid repeating the failure of its predecessor, the Economic Growth and Stabilisation Plan (EGSP).
In a statement, Wednesday, JCTR executive director Fr Alex Muyebe noted that the aspirations of the Economic Growth and Stabilisation Plan (EGSP), which preceded the Economic Recovery Programme, had not seen the light of day despite it being much-hyped, promising economic recovery, but achieving little.
“As we move into 2021, the Centre wishes to call on government to implement the many plans that we have set out as a nation. The Economic Recovery Programme was preceded by the Economic Growth and Stabilisation Plan whose aspirations have not seen the light of day! The Medium-Term Debt Strategy-2017 to 2019 also outlined excellent debt management plans that should have seen sust
By Chama Mundia JCTR’s Social Economic Development Programme Manager
The cost of living for a family of five as measured by the Jesuit Centre for Theological Reflection (JCTR) for the month of November 2020 stood at K7, 126.62. This is a K66.31 increase from K7, 060.29 recorded in October. The increase in the basket is attributed to increase in the prices of food items such as beans which moved upwards by K71 from K109.86 to K180.58 for 3kg, vegetables increased by K30.39 moving from K430.19 to K460.58 per 40kg, kapenta increased by K25.53 moving from K191.40 to K216.93 per kg, bananas increased from K163.57 to K188.36 for 16 kg, Irish potatoes increased by K21.38 from K37.82 to K59.20, soya pieces increased by K15.28 moving from K89.88 to K105.16. For the non-food but essential items, the price of charcoal increased by K26 moving from K292.00 to K318.00.