Article: Zambian president vows to bring down inflation to single digit

Zambian president vows to bring down inflation to single digit

LUSAKA, July 31 (Xinhua) -- Zambian President Levy Mwanawasa has reiterated his resolve to bring down inflation to a single digit and cautioned workers against demanding for unrealistic salary increments.

The Zambian president said his government's efforts of bringing down inflation will be futile if workers continued to demand for salary increments which both the government and companies cannot afford.

Mwanawasa said this in the central mining town of Kabwe Tuesday when he addressed Zambia-China Mulungushi Textiles Joint Venture Ltd.

The Zambian president was responding to the complaints by the company's management ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!