Zambia has raised its 2010 economic growth forecast to 6.6 percent from a June forecast of 5.8 percent after a higher than expected performance in the first half of the year, Reuters quoted Finance Minister Situmbeko Musokotwane as saying on Monday. "We adjusted the growth forecast to 6.6 percent from 5.8 percent because we now know that mining, agriculture and tourism all performed better than we had expected," Musokotwane said at a media briefing. Musokotwane said Zambia's economic growth between 2011 and 2013 should average 6.5 percent per annum partly due to a global recovery over the period. Musokotwane said the government had not changed its end-of-the-year inflation target of 8 percent and it expected CPI to remain in single digits between 2011 and 2013. "These projections are premised on food prices and the exchange rate remaining stable," Musokotwane said.
