Musokotwane says reduced donor funds won’t derail budget
LUSAKA (Reuters) – Zambia’s finance minister Situmbeko Musokotwane said on Saturday reduced support from western donors towards the 2011 national budget will not derail its implementation as he expects more revenue from mine taxes. Zambia expects donor funding of its budget to drop to 7.7 percent in 2011 from 14.5 percent in 2010 and analysts [...]
Sir, this is a Government that delivers on its promises. In the medium term, we intend to roll out the use of public private partnerships to other sectors such as health and education, with the aim of accelerating the provision of social infrastructure. We hear the needs of our people, and we are responding to their call.
Continue reading …The Economics Association of Zambia has observed that the 2011 budget has not covered certain priority sectors. EAZ president Noel Nkhoma says government should have widely consulted on allocations to certain sectors. Mr. Nkhoma has since questioned government’s silence on the windfall tax for mining companies which most people have been calling for its reintroduction. [...]
Continue reading …
Follow Us