The country since 1964 has had many medium and short term plans on the economic outlook of the country. However, after the country reached the Highly Indebted Poor Countries completion point (HIPC) in the first term of then President His Excellency Levy Patrick Mwanawasa State Counsel formulated a document which would carry the long term vision of the country.
The country launched a Long Term Vision with the major target being that Zambia “To be a Prosperous Middle-Income Nation by the year 2030.”
The document the Vision 2030 launched in 2006, took in stock the country’s past, analysed the present conditions at the time and more importantly, outlined where the country wants to be by 2030.
The Vision 2030 was founded on Seven (7) key basic principles and these are 1. Sustainable Development, 2. Upholding Democratic Principles, 3. Respect for Human Rights, 4. Fostering Family Values, 5. A Positive Attitude to Work, 6. Peaceful Coexistence and 7. Upholding Good Traditional Values.
Furthermore, the document focused on Diversification. Diversification was identified as key in the document. The Zambian economy predominantly depended on Copper export. However the Vision 2030 thought of diversifying from mainly a copper producing country to a more holistic approach to economic activities. Some key sectors of the economy were identified that would play a pivotal role in the diversification process.
The number sector to be identified as key was the Agriculture sector. A strong emphasis was placed on Agriculture and this saw the introduction of the Fertilizer Support Programme. The target was to make Peasant Farers key players in economic development of Zambia by the year 2030.
The other sectors identified were the Manufacturing and Technology sectors. Through encouraging modern innovations entrepreneurs that would make these sectors competitive at country and regional level as key to making Zambia a Prosperous Middle-Income Nation by the year 2030.
The Tourism sector was also targeted looking at the many tourist attractions and destinations dotted around the country. Key to this, was improving infrastructure in the country which included roads, airports, communication infrastructure, hotels as wells as lodges so that both local and international tourists can visits these tourists attractions and destinations without difficult.
Zambia need to actualize these projections and plans to fully harness her potential and achieve this target of being a Prosperous Middle-Income Nation by the year 2030. The next 9 years are going to be crucial for the country a bid to attain the target.