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HomeUncategorizedOutdated GDP data masking real business challenges

Outdated GDP data masking real business challenges

The Lusaka Chamber of Commerce and Industry (LCCI) has warned that Zambia’s outdated GDP base year is obscuring the real challenges businesses face, especially in fast-changing sectors and the informal economy. “Outdated GDP” refers to the critique of Gross Domestic Product (GDP) as an inadequate and flawed metric for measuring a nation’s true economic health and societal well-being. In an interview with the Zambian Business Times-ZBT, LCCI President Alexander Lawrence explained that the… Details in the weekly ZBT edition 25 August 2025!, get your copy via link https://zambianbusinesstimes.com/subscribe_to_zambian…/