Opposition Reports PF Failing in Numbers

UPND president Hakainde Hichilema has published an analysis of the performance of the PF under President Lungu in numbers.

Writing on social media Hichilema shared data from January 2015 and January 2020 by way of comparing key areas including food prices and economic performance at the start and after five years of President Lungu’s time in office.

According to the numbers released by the opposition leader, during this time petrol prices have recorded a 134% increase, while mealie meal has risen 135% from K68 to K170.

Looking at the economy Hichilema shared statistics on the national debt, which has increased by 138% since 2015 and risen from $4.7 billion to $11.2 billion.

The full post reads as follows:

“Just received this interesting analysis on Mr. Lungu's performance...

PetrolJanuary 2015, K7.60January 2020, K17.80134% increase

US DollarJanuary 2015 K6.45January 2020 K15. 00133% depreciation

Mealie MealJanuary 2015 K68January 2020 K170135% increase

National DebtJanuary 2015 $4.7 BillionJanuary 2020 $11.2 Billion138% increase

InflationJanuary 2015 7.81%January 2020 13.9%80% increase

Numbers don't lie. This is the definition of failed leadership.

We will fix it!

HH”

The UPND leader has previously set out his own vision for addressing the economic troubles Zambia is experiencing. The party’s blueprint for fixing the economy includes plans to rein in public spending, with funds to be diverted from areas considered wasteful towards pro-poor initiative and clearing arrears with suppliers. 

Hichilema acknowledged this would require cuts to some areas championed by the PF such as the proposed national airline, as well as a cut in government’s running costs through a consolidation of ministries and travel restrictions on officials.