July 27 (Bloomberg) -- Economic growth in Zambia, Africa’s biggest copper producer, will probably stay “robust,” led by mining, agriculture and tourism, said Caleb Fundanga, the governor of the country’s Lusaka-based central bank.
“The medium to long term prospects for Zambia’s economy are bright,” Fundanga said a copy of a speech e-mailed today. The government will use money earned from a growing copper mining industry to invest in infrastructure, such as roads, he said.
Food prices should remain low after a good corn harvest, with inflation forecast to stay below 10 percent, Fundanga said. The southern African nation’s economy will expand 6.8 percent this year, according to the International Monetary Fund.
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