During the Q1 media briefing for 2026 the Bank of Zambia governor Dr. Denny Kalyalya disclosed that inflation is projected to remain within the (6-8) target band, for the next 8 quarters owing to the expected favourable maize harvest in the current crop marketing season and the observed stability in the Kwacha per US dollar exchange rate which are strongly supportive of a lower inflation path. However, some experts have regarded the bank’s projection to be over ambitious considering that the country doesn’t have control of the USA- IRAN conflict which is currently taking stance and has affected both international...
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