By Mary Kachepa Government released 15.5 billion Kwacha to finance public service delivery in March, 2023. Finance and National Planning Minister SITUMBEKO MUSOKOTWANE says 5 billion Kwacha was released for transfers, subsidies and social benefits, whilst 5.1 billion Kwacha was spent on servicing domestic and external debt and dismantling of arrears. Dr. MUSOKOTWANE says 3.6
By Wilson Mulinda The Center for Trade Policy and Development -CTPD- says the 2023 National budget aims to reduce poverty. CTPD Head Researcher BOYD MULEYA says the significant resources allocated to towards social protection is an indication that Government is in a hurry to end poverty. Mr. MULEYA has however expressed concern that the production
The Common Market for Eastern and Southern Africa -COMESA- says it expects Zambia’s 2022 national budget to support regional trade. COMESA Secretary General CHILESHE KAPWEPWE says it is important for government to use next year’s national budget to enhance local production of goods. Speaking to ZANIS in Kasama, Ms. KAPWEPWE said this will create an…
The 2022 budget will be presented to Parliament next Friday, October 29, 2021. Finance Minister, SITUMBEKO MUSOKOTWANE has announced in a statement availed to ZNBC news. And Dr MUSOKOTWANE says the new administration has set poverty reduction, employment creation, and creation of a conducive environment for investment in all sectors, as some of the priority…
By Ruth ChayindaFinance Minister, Bwalya N’gandu says the country is expected to incur a shortfall of 17 point 2 billion kwacha of the approved 2020 budget.Dr. Ng’andu explains that the short fall will be on account of a 12 point 8-billion-kwacha revenue reduction stemming from the loss of exceptional revenue which was anticipated and Covid-19…
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