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Bloomberg

Zambian Budget Gets Copper Boost With El Niño Threatening Crops

Friday, November 6, 2026


Zambian Finance Minister Situmbeko Musokotwane unveiled the 2027 budget plan on Friday. Copper prices are at near-record levels, benefiting Zambia's economy as the country is Africa's second-largest copper producer. The budget announcement occurred as El Niño weather patterns posed a threat to the country's crop production.

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