The cost of living is unforgivably high – HH

Filed under: Breaking News,Business |

The cost of living under the PF government is too high, opposition United Party for National Development president Hakainde Hichilema has charged.

In a statement below issued to Zambian Eye by the party’s Information Department, Hichilema says once elected he will lower the cost of living.

Below is the statement in full:

In a country with so much potential, it is unacceptable that so many Zambians are still struggling to obtain the basic necessities of life.

Under the PF’s watch, the cost of living has increased dramatically. They promised more money in your pockets, but under their government that money is worth less.

Removal of the mealie meal subsidy without warning or a strategy to keep prices down and provide assistance to the vulnerable was irresponsible. The removal of fuel subsidies quickly led to an increase in food and transport prices that has damaged local businesses even while the price of crude oil on the international market has reduced by almost 35%.

To add insult to injury, it is unclear how the money supposedly saved in subsidies was spent, particularly at a time when the PF government has built up a lot of debt but farmers have gone unpaid and students have seen their allowances delayed.

To address the high cost of living we are proposing a combination of short and long term measures. In the short term we must reduce the price of fuel, as it has reduced significantly on international markets in recent months, lift the wage freeze and lower the price of food. By lowering fuel costs we can actually stimulate our economy and help create an environment in which Zambian businesses can move forward and drive growth.

In the long-term, we will sustain a lower cost of living through improved education, investment in agriculture, and better economic management, meaning less waste and more investment in our people.

Inaction or complacency is not an option. If we do not do anything, costs will continue to rise and more Zambians will fall under the poverty line.

Hakainde Hichilema

UPND President


One Response to The cost of living is unforgivably high – HH

  1. Sounds logical and practical. i wish this could trickle down to the suffering majority so that this time their vote is not wasted.

    Sheep sheep come Home
    January 6, 2015 at 1:02 pm

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