Business Maverick: Zambia approves cannabis exports to boost economy

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Business Maverick: Zambia approves cannabis exports to boost economy By Reuters

The approval for the export of cannabis was granted at a special cabinet meeting on Dec. 4, spokeswoman Dora Siliya said in a statement. It was not clear from the statement if the use of cannabis for medicinal purposes in Zambia had been legalised.

Zambia’s motivation is rooted in a hefty fiscal deficit and growing debt burden. Growth in external debt to $10.5 billion at the end of 2018 from $8.74 billion a year earlier has raised fears the country is headed for a debt crisis. Zambian opposition Green Party President Peter Sinkamba, who has been advocating the export of cannabis since 2013, said the move could earn Zambia up to $36 billion annually.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The same trots who persecute people with different sexual orientations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cash-flush Nestlé’s CEO will look to niche market until the next big acquisitionSwiss company offloads its US ice cream business, but the question is: what will it buy?
Source: BDliveSA - 🏆 12. / 63 Read more »