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The Swedish Embassy says the private sector
plays a critical role in poverty reduction in developing countries such as
Zambia.
This is according to the embassy’s Development
Analyst, Nina Strandberg.
Ms Strandberg says the private sector brings
about innovation and sustainable solutions into the work of poverty reduction.
To this effect, she has explained that the
embassy has been prompted to assist the country to achieve this important goal
by partnering with the private sector.
She has stated that this is through the opening
of a facility to assist businessmen financially upon approval of their business
proposals.
Ms Strandberg was speaking in Kitwe today
during the launch of the application cycle of the Swedish programme.
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