UN General Assembly
1995

foothold in the world economy. Our reform measures, which started in 1991, are gaining momentum. The challenge now is to move away from concerns over stabilization and liberalization to the stimulation of production, employment and labour productivity as the 7 basic foundations for poverty reduction. This is being done at the same time as we are building on complementarities already established in the regional integration mechanisms of the Southern African Development Community and the Common Market for Eastern and Southern Africa, of which Zambia is a member. However, our domestic reform efforts can only be sustained by generous debt reduction that improves our cash-flow position to levels which regenerate business confidence in Zambia. The debt overhang remains the single biggest barrier to recovery and development in Zambia. In conclusion, I would like to state that Zambia will remain actively committed to achieving these priorities in the framework of the United Nations. We believe in the United Nations and have every confidence that our Organization will lead us into a new era of full of hope and prosperity.