Musokotwane names mining, farming, tourism and energy as jobs engines
Zambia's finance minister says growth in four key sectors is needed before ordinary households can afford home loans.
Situmbeko Musokotwane, Zambia's Minister of Finance and National Planning, has named mining, agriculture, tourism and energy as the sectors that must grow to create jobs and business opportunities.
Such growth, he said, would give citizens the income they need to qualify for housing loans. Private-sector investment and higher household incomes are the route he set out for tackling that gap.
The minister framed the four sectors as the government's priorities for economic development, though the report gives no timetable or targets for the growth he described.
Why it mattersHouseholds hoping to qualify for housing loans depend on jobs and incomes that the minister ties to growth in these four sectors.