Zambia is grappling with its worst drought in over a century, significantly impacting its economy and posing a challenge for Finance Minister Situmbeko Musokotwane. On September 27, 2024, Musokotwane is set to unveil the annual budget in Lusaka, which is expected to address the urgent need for economic recovery following a difficult debt restructuring process.
The drought, which has led to critical water shortages, threatens agricultural production and food security in the country, affecting millions. As Zambia continues to navigate its financial recovery, the government's response to this environmental crisis will be pivotal in stabilizing the economy and supporting its population.
The implications of this drought extend beyond Zambia, as it raises concerns about regional food supplies and economic stability in Southern Africa. International observers are closely watching the situation, given its potential to influence trade and humanitarian efforts in the area.