AIPAC WANTS 2027 BUDGET TO DRIVE PRODUCTION

Think tank calls for increased investment in agriculture, manufacturing, energy security and climate resilience to accelerate the Grow Zambia Agenda.

By Francis Maingaila ♥️

Lusaka, Zambia24 — November 2, 2026 — The Acton Institute for Policy Analysis Centre (AIPAC) has urged Government to use the 2027 National Budget to move Zambia beyond economic recovery and focus on increasing production, creating jobs and improving the lives of ordinary citizens.

AIPAC Executive Director Solomon Ngoma says the next budget should translate the Grow Zambia Agenda into tangible results by directing more resources towards agriculture, manufacturing, energy security, industrialisation and private sector development.

Mr Ngoma says while Zambia has made progress in restoring economic stability through debt restructuring and economic reforms, the country now needs to build on that progress by producing more, strengthening local industries and expanding its export capacity.

He says the effects of the 2023/2024 El Niño-induced drought exposed the country's vulnerability to climate change, with reduced agricultural production, electricity shortages, disrupted business activities and loss of household incomes.

Mr Ngoma says increased investment in irrigation, climate-smart agriculture and water management will help farmers maintain production even when rainfall is poor, while protecting the country against future droughts.

He has also called for stronger support for commercial farmers through mechanisation, agricultural research, agro-processing and affordable financing, saying these investments will improve food security, create employment and open up opportunities for agricultural exports.

On energy, Mr Ngoma says Zambia needs to move beyond its heavy dependence on hydroelectric power by investing in alternative sources such as solar and wind energy.

He says a more diversified and reliable energy supply will support businesses, strengthen industrial production and provide the power needed to sustain economic growth.

Mr Ngoma has further called for greater investment in manufacturing, value addition and mineral processing so that more of Zambia's natural resources are processed locally, creating jobs and allowing the country to retain greater economic benefits.

He says the challenge of youth unemployment also deserves attention, with the budget providing increased support for skills development, entrepreneurship, innovation, technology and digital transformation.

Mr Ngoma says Government should also make it easier for businesses to operate by reducing the cost of doing business, improving access to finance and maintaining predictable policies that give investors confidence to expand their operations.

He says better transport corridors, storage facilities, irrigation networks, digital infrastructure and border facilities will further help businesses move goods efficiently, reduce trade barriers and compete in regional and international markets.

Mr Ngoma says the 2027 National Budget presents an opportunity to lay a stronger foundation for a productive, climate-resilient economy that creates jobs, supports businesses and improves living standards.