V or L-shaped? Can Zambia’s economy bounce back, or are we in for a slow recovery?

Zambia’s “lack of fiscal flexibility” will greatly affect its long-term ability to recover from a COVID-19-induced economic fallout, according to new data from the Africa Risk-Reward Index, compiled by Control Risks, the renowned global risk consultancy. The more “fiscal space” (i.e. ability to disperse funds) that a country has, the faster its economy can recover. As the […]