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Zambia

Yearbook 2006

2006 ZambiaZambia. Before the general election this autumn, there was turbulence among the political parties. Two new opposition alliances were formed in the hope of defeating President Levy Mwanawasa. He suffered a mild stroke in April and was brought to the UK to receive hospital care. He recovered enough to be eligible for re-election. In contrast, the opposition was hit by a hardship when it envisaged the chief challenger of the presidential post, Anderson Mazoka, passed away at a hospital in South Africa after a period of illness. In the presidential election, Mwanawasa won by about 43% of the votes ahead of Michael Sata and Hakainde Hichilema with about 27% each. According to CountryAAH, Mwanawasa's Movement for Multiparty Democracy (MMD) party retained government power after receiving 72 of Parliament's 158 seats.

Economically, 2006 was a good year for Zambia. For the first time since the mid-1970s, inflation fell below 10%, and the International Monetary Fund (IMF) praised the government for its ability to revitalize the mining industry as well as agriculture. More than half of the country's foreign debt of about SEK 50 billion. was closed.

2006 Zambia

In October, the government announced that it had found oil and gas reserves in the country for the first time. The sites were said to be near the border with Angola.

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