Patriotic Front have failed to run the country – Sean Tembo
Written by admin on March 30, 2021
Leader of the opposition Patriots for Economic Progress Party, Sean Tembo says Government’s continued attempt to get a bailout loan from the International Monetary Fund when the price of Copper price is at about 9,000 dollars per metric tonne, is evidence that the Patriotic Front have failed to run the country.
Mr. Tembo says it must be noted that IMF bailout loans are meant for countries that have no resources and are on the brink of total economic collapse, while Zambia on the other hand has an abundance of resources. He further stated that his party expected that the Government would be talking about how best to utilize the surge in Copper prices for economic prosperity as opposed to getting an IMF bailout loan.
Mr. Tembo also said the fact that the Patriotic Front see borrowing as a solution to every economic problem, gives credence to his party’s long held position that the Patriotic Front is made up of incompetent people and should be voted out of office.