- Zambia faces an increase in the price of fuel and electricity
- In a bid to lessen the blow, the country's president has cut his salary
- President Edgar Lungu has also announced that senior ministers' salaries will be cut as well
As 2019 draws to an end, Zambia has learnt that it will face an increase in the price of electricity and fuel.
As reported on by News24, petrol will go up with 10% to 17.62 kwacha (R17.82) per litre and diesel will go up with 9.6% to 15.59 kwacha (R15.76).
These prices will take effect on 31 December.
As for electricity, this will go up with a massive 115% on the 1st of January.
These increases have caused serious upset in Zambia and many citizens have used social media to express their anger.
Briefly.co.za learnt that the president will cut his salary, as well as those of senior ministers. It is expected the salaries will be lowered by anything between 15% and 20%.
The president's press aide, Isaac Chipampe, said in a statement:
"The money realised will go into cushioning the impact on the vulnerable in society. The money realised from this decision will go towards ameliorating the impact that the increase would have brought on the masses."
Despite the looming increases, the president remains hopeful and confident that Zambia's economy will do much better in 2020.
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