President Hakainde Hichilema says government is aware of the high cost of living in the country, which it is working towards arresting, as it is aware of the implications on the ordinary citizens.
The Head of State said there is need to deal with the issues of debt, high fuel cost and the high cost of fertilizer in order to have a long lasting solution adding that government is combining short, medium and long-term solutions to address the challenges.
Speaking during a Press Conference at State House yesterday, monitored by the Zambian Business Times-ZBT, President Hichilema explained that in combating the issue of the high cost of living, part of the measures taken are that government is in conversations with bilateral countries, oil-producing countries and fertilizer producing countries.
He noted that government is working towards negotiating bilateral arrangements, which if successful will alleviate the pressure arising from fuel and fertilizer on the high cost of living.
The President said that turning around the economy that was leaking everywhere could not be done by the day but over a period of time adding that lasting solutions shall be created to these short-term issues, which are damaging.
