Zambian President Edgar Lungu on Monday commended the World Bank for its support towards the country’s road rehabilitation program.
The Zambian leader said the bank has extended a line of credit amounting to 200 million U.S. dollars to the Zambian government, according to a statement posted on his Facebook page.
The bank’s decision, he said, clearly demonstrates the confidence that the bank has in the Zambian government and the country’s economy.
According to him, the government was financing the rehabilitation of approximately 5,000 kilometers of feeder roads in four of the country’s 10 provinces namely Copperbelt, Lusaka, North-Western and Western.
“This project is clearly a mammoth undertaking by my administration to bring about quality mammoth socio-economic benefits to rural areas countrywide,” he added.
He however noted that this was in line with the overall goal of the 7th National Development Plan (7NDP) whose overall objective was accelerating development efforts towards Vision 2030 without leaving anyone behind. Enditem