Zambian president’s economic promises
ZAMBIAN President Hakainde Hichilema has promised that his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to a new session of parliament since his election in August, Hichilema said officials would also review agricultural policies, revise electricity prices and reform state power firm Zesco. Last November Africa's second-biggest copper producer became the first country on the continent to default on its sovereign debt during the pandemic, after failing to keep up with payments on its more than $12 billion of international debt. "Rebuilding our economy is top…