Monday, October 19, 2015

Zambia Tries To Solve Financial Crisis Through Day of Prayer

Zambia observed yesterday as a national day of fasting and prayer for recovery of the value of the country's currency, the Kwacha.  According to RT News, President Edgar Lungu called for the day of prayer after the value of the Kwacha dropped 45% against the dollar this year.  A global drop in commodity prices affected the country's main export-- copper, while lack of rain has caused hydroelectric plants to cut electricity by up to 14 hours per day. In a speech yesterday, Lungu said:
I personally believe that since we humbled ourselves and cried out to God, the Lord has heard our cry.  I appeal to all of you to do your best and leave the rest to God.
However, the managing director at Sub-Saharan Consulting Group Zambia, Trevor Simumba, observed:
No matter how many prayers you make it doesn’t change the fact that you have a fiscal deficit and you’re not doing anything to reduce that fiscal deficit. We know God can do miracles, but He cannot change things that are facts on the ground.