He said the growth reflects renewed investor confidence in Zambia’s economic recovery and policy direction. However, preliminary data for the first half of 2025 indicate that FDI inflows declined to US$157.9 million, compared to US$580.5 million during the same period in 2024. The decline has been attributed mainly to debt repayments by mining firms to affiliated entities. Zambia Development Agency Director General Albert Halwampa said the strong FDI performance in 2024 was linked to government reforms, particularly the debt restructuring programme, which improved investor confidence. The survey is jointly conducted by the Bank of Zambia, the Zambia Development Agency and the Zambia Statistics Agency under the Balance of Payments Statistical Committee, and is compiled in line with international statistical standards.