Headlines

CABINET APPROVES 2021 BUDGET

Lusaka ~ Mon, 21 Sept 2020

By ZR Reporter

The 2021 National Budget due for presentation to the National Assembly by Minister of Finance, Bwalya Ng’andu, this Friday has been approved by Cabinet.

Chief Government spokesperson Dora Siliya has said the approval was made today during the Cabinet meeting held virtually due to the COVID-19 pandemic, which was chaired by President Edgar Lungu.

Mrs Siliya said other than approving the National Budget, Cabinet appreciates that in the interim, Government has already undertaken macroeconomic stabilization measures.

She said Cabinet, through the 2021 National Budget, is looking at the need for economic stabilisation and growing of the economy which has not been spared by the negative effects of the COVID-19 pandemic.

Further, Mrs Siliya said Cabinet also approved the Economic Recovery Programme (ERP) which is the successor programme of the Economic Stabilisation and Growth Programme (ESGP) that was implemented over a period of three years from 2017 to 2019.

“The details in terms of revenue and expenditure measures will comprehensively be highlighted by the Minister of Finance on Friday, 25th September 2020 in the National Assembly as he presents the detailed figures to the nation on the 2021 National Budget,” she said.

The ERP is a stabilization, recovery, and growth plan with a focus on restoring macroeconomic stability, attaining fiscal and debt sustainability, restoring growth, and diversifying the economy.

11 Comments

  1. Endgame

    Nonsense will be presented, can’t wait to be shocked

  2. Undeployd

    Whats the number for teachers taken in 2021? No job no vote

  3. Unemployed

    Recruit more police officers.

  4. FuManchu

    Never been impressed with Zambia’s national budget yet while @ Endgame will be shocked as I, the Zambian people will be treated to ululations of repetitive nature praising the budget that will be presented by MP’s who will not understand anything of it!

  5. police

    no job no vote

  6. SIMAKANDO WA SIMALOYA

    No job, no vote!!!!!!!!!

  7. Sky

    No recruitment in the security wings no votes, we as de youths need employments

    • THE FEARLESS LION

      Am behind you dear….this idiot has totally failed mwandi n this time around am not gonna take any shit from reckless cadre who rolling around to threaten people, if it means to fight them back, will definitely do that……..zwaaaaa Edgar lungu with your evil disciples

  8. Genesis

    No recruitment no vote we promise you this

  9. katwebe

    we need more jobs

Comments are closed.