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Northern province had the lowest regional inflation rates, dropping from 9.2 percent to 9.1 percent with the highest being Western Province despite inflation decreasing from 22.5 to 20.1 percent.
Zambia’s Northern Province Deputy Permanent Secretary Beauty Phiri has attributed the decrease in inflation in the province to the good rains the province received and the growth of the fish farming sector.
Northern province had the lowest regional inflation rates, dropping from 9.2 percent to 9.1 percent with the highest being Western Province despite inflation decreasing from 22.5 to 20.1 percent.
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Phiri explained that the surplus from fish farming contributed to the province’s economic stability despite the agricultural sector being affected by a drought. She emphasized the government’s commitment to developing the tourism sector through the Northern Circuit project and outlined a comprehensive development plan aimed at revitalizing the province’s economy by 2026.
Phiri said the province enjoyed a considerable amount of rainfall and the yield has been massive at the same time the farmers have been trading lots of fish within and across the border of Tanzania.
