Zambia Economic information

Zambia is a country located in the south of South Africa. The capital of the country, which has a population of 17 million, is Lusaka. Zambia gained independence in 1964. Zambia's economy is largely based on agriculture. The country's most important agricultural products are corn, wheat, sugar cane, soybeans and potatoes. Additionally, Zambia is a major producer of copper worldwide, providing a significant source of income to the economy. Tourism is also an important sector for the Zambian economy. The country's natural beauties and national parks, such as Victoria Falls, attract the attention of tourists. However, Zambia's economy faces several challenges. Problems such as high unemployment, low income levels, inadequate infrastructure and economic inequality hinder the development of the country. In recent years, the government has been carrying out reforms to stimulate economic growth and reduce poverty. Particular focus is placed on modernization and industrialization of the agricultural sector. It is also aimed to attract foreign investments and develop trade. Zambia is a member of international organizations such as the African Union, Southern African Development Community and the United Nations. Additionally, the currency of the country is the Zambian kwacha.