K659 Million for Contigency and Response Plan under the Disaster Managent and Mitigation Unit(DMMU).
Mobilise Funds through local and international stakeholders. Apply to World Bank and IMF, from the COVID-19 Support facility
Release K2.5 Billion to reduce domestic arrears owed to domestic suppliers of goods and services, pension arrears for pensioners and retirees.
K140 million to local contractors in the road sector.
Suspend excise duty on imported ethanol, alcohol-based sanitizers and related medicine.
Ease process of claim of VAT Refunds on imported spare parts, lubricants and stationary
Suspend import duties on importation of concentrates in the Mining sector.
Suspend export duty on precious metals and crocodile skins.
USE OF DIGITAL FINANCIAL SERVICES
No charges for money transfers for person-to-person electronic money transfers.
Agents dealing with small-scale farmers to handle more transactions and less limits in the Agriculture sector.
Reduce processing fees for the Real Time Gross Settlement System for banks.
Reduce provision requirements for bank loans
Encourage retail chains and supermarkets to buy local products.
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