Government Releases K12.4 Billion In Budget

The Zambian government has released its January budget, totalling K12.4 billion. The budget, which was presented by the Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, outlines the government's spending priorities for the month, including investments in infrastructure, health, education, and social services.

The minister emphasized the government's commitment to promoting economic growth and reducing poverty through its investment in key sectors.

He highlighted the government's efforts to address the challenges facing the country, including the current fiscal deficit, and outlined the measures being taken to address these challenges, including the implementation of a fiscal consolidation program.

The minister also highlighted the government's efforts to enhance revenue collection and reduce corruption, which he said would help to improve public finances and support the delivery of essential services to the people of Zambia.

He emphasized the importance of transparency and accountability in the management of public funds, and called on all stakeholders to support the government's efforts to achieve its goals.

In conclusion, the minister expressed confidence in the government's ability to achieve its economic and social objectives and said that the budget was an important step towards achieving these goals.

 He called on all Zambians to work together to build a stronger, more prosperous country, and urged the private sector to play its part in supporting the government's efforts.

 

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