Removing subsidies in Zambia - the way to go?
JOHANNESBURG, 30 September 2013 (IRIN) - The Zambian government has removed subsidies for farmers and millers because the expenditure is perceived as draining the country’s resources. Fuel subsidies have also been removed, and the combined loss of assistance is pushing up the price of maize meal, a staple foodstuff in the Zambian diet.
Removal of the subsidy is just one in a series of similar moves by Zambian President Michael Sata, who is known for taking a tough stance on issues ranging from Chinese investors, whom he has threatened to deport, to fuel subsidies, which have been removed on the ground that their US$200 million annual cost would be better spent on health and education.
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