Situmbeko Musokotwane
Situmbeko Musokotwane | |
|---|---|
.jpg) Situmbeko Musokotwane at the 2009 International Monetary Fund/World Bank meeting. | |
| Minister of Finance | |
| Assumed office 27 August 2021 | |
| President | Hakainde Hichilema |
| Preceded by | Bwalya Ng’andu |
| Member of the National Assembly for Liuwa | |
| Assumed office August 2021 | |
| President | Hakainde Hichilema |
| Minister of Finance | |
| In office 2008–2011 | |
| President | Rupiah Banda |
| Preceded by | N’gandu Peter Magande |
| Succeeded by | Alexander Chikwanda |
| Personal details | |
| Born | Situmbeko Musokotwane 25 May 1956 |
| Alma mater | Konstanz University (PhD) University of Zambia |
| Profession | Economist |
Situmbeko Musokotwane (born 25 May 1956) is Zambian politician and Economist and the Minister of Finance of Zambia;[1][2] he is also Liuwa Member of Parliament.[3] Prior to his appointment he served as Minister of Finance from 2008 to 2011 under Rupiah Banda.[1]
Education and career
Musokotwane is PhD holder in Monetary Economics obtained from the Konstanz University in Germany.[4] In 1988 he founded an agri-business one of Zambia’s largest dairy farming operations. He has also acted as an alternate Governor at the IMF, African Development Bank, and the World Bank.[4] He introduced the central bank in Zambia to Open Market Operations and the re-introduction of Treasury Bills and Government securities auctions in Zambia. As Finance Minister he was active in the promotion of Zambia as an investment destination which brought a 7.6% growth in Zambia’s economy and generated US$6 billion over a 3 year term.[4]
References
- ^ a b zamobserver (2021-08-27). "Situmbeko Musokotwane is new Finance Minister". The Zambian Observer. Retrieved 2021-08-27.
- ^ "Zambian President Hichilema appoints new finance minister". SWI swissinfo.ch. Retrieved 2021-08-27.
- ^ "Liuwa | National Assembly of Zambia". www.parliament.gov.zm. Retrieved 2021-08-27.
- ^ a b c "Zambia : President Hichilema appoints Dr. Situmbeko Musokotwane as the New Finance Minister". Retrieved 2021-08-27.
External links
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