Zambia: New Opportunity for Formal Job Creation

A recently released World Bank report, titled 'The Zambia Growth and Jobs Report', highlights that the country has a valuable opportunity to strengthen its long-term economic momentum and expand formal employment opportunities. The document suggests that beyond current stability measures, it is essential to invest in initiatives that promote job creation. This recommendation aligns with a broader global trend where emerging economies aim not only to maintain macroeconomic stability but also ensure sustainable growth that generates decent work opportunities for citizens. The report points to the need for implementing public policies that favor the development of competitive and innovative sectors, as well as access to appropriate credit for micro and small businesses.