{"id":26995,"date":"2022-07-18T22:26:22","date_gmt":"2022-07-18T22:26:22","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status"},"modified":"2022-07-18T22:41:32","modified_gmt":"2022-07-18T22:41:32","slug":"dont-politicise-the-reclassification-of-zambias-economic-status","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status","title":{"rendered":"DON\u2019T POLITICISE THE RECLASSIFICATION OF ZAMBIA\u2019S ECONOMIC STATUS"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>ECONOMIST Shabdin Mweemba has urged Zambians not to politicicize the reclassification of Zambia as a lower income status to understand logic behind the situation.<\/p>\n

The World Bank has re-classified Zambia to low-income status from lower middle income, for the 2023 financial year because of the deterioration of Gross National Income per capita estimates recorded in 2021.<\/p>\n

Mr Mweemba says the nation cannot continue to pretend that things are okay when people are suffering and having challenges. He says what has been presented is the true of Zambia\u2019 economic status adding that it is a blessing in disguise as it has the potential to attract grants and international Monetary Fund IMF bail out package.<\/p>\n

\u201cAt the status where it meant that we did not need any help but in the actual sense our gross Domestic Product (GDP) has not been growing and we cannot pretend that things are okay it is better to open up and get help if anything we don\u2019t want to remain in this position,\u201d Mr Mweemba said.<\/p>\n

Low-income countries are those with the average gross national income (GNIs) of less than US$1, 005 per person annually. Lower-middle-income countries have per capita GNIs of between US$1,006 per year and upper-middle-income countries have per capita GNIs between US$3, 976 and US$12, 275.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. ECONOMIST Shabdin Mweemba has urged Zambians not to politicicize the reclassification of Zambia as a lower income status to understand logic behind the situation. The World Bank has re-classified Zambia to low-income status from lower middle income, for the 2023 financial year because of the deterioration of Gross National Income per capita […]<\/p>\n","protected":false},"author":84,"featured_media":26994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,235,233],"class_list":["post-26995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nDON\u2019T POLITICISE THE RECLASSIFICATION OF ZAMBIA\u2019S ECONOMIC STATUS - Zambia<\/title>\n<meta name=\"description\" content=\"ECONOMIST Shabdin Mweemba has urged Zambians not to politicicize the reclassification of Zambia as a lower income status ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DON\u2019T POLITICISE THE RECLASSIFICATION OF ZAMBIA\u2019S ECONOMIC STATUS\" \/>\n<meta property=\"og:description\" content=\"ECONOMIST Shabdin Mweemba has urged Zambians not to politicicize the reclassification of Zambia as a lower income status ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-18T22:26:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-18T22:41:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/07\/postQueueImg_14-62d5e187533e0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"460\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"DON\u2019T POLITICISE THE RECLASSIFICATION OF ZAMBIA\u2019S ECONOMIC STATUS\",\"datePublished\":\"2022-07-18T22:26:22+00:00\",\"dateModified\":\"2022-07-18T22:41:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\"},\"wordCount\":231,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/07\/postQueueImg_14-62d5e187533e0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/dont-politicise-the-reclassification-of-zambias-economic-status\",\"name\":\"DON\u2019T POLITICISE THE RECLASSIFICATION OF ZAMBIA\u2019S ECONOMIC STATUS - 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