Zambia: Mining to Contribute 3.8 Percent to Nation's GDP

THE World Bank has said the mining industry in Zambia is expected to account for 3.8 per cent of the Gross Domestic Product (GDP) in 2012, despite a decline in the mining output.

The Zambia's Economic Brief produced by the World Bank indicates that despite the decline in mining output, revenues from the mining industry were expected to be 3.8 per cent of GDP in 2012, partly due to increase in royalty taxes.

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