Thursday, April 25, 2024
Image Description

Government challanged to disburse funds on time

Share

The Eastern Province Program Management Team, EPPMT, of the Civil Society for Poverty Reduction CSPR) Provincial Coordinator Emmanuel Musonda has challenged government to disburse the allocated funds to the various sectors in good time so as to see to it to the success of the 2009 national budget.

Mr. Musonda said the 2008 budget failed to live to its expectations because of the late disbursement of funds and the same is likely to happen to this year’s budget if there is a repeat in the untimely disbursement of funds in 2009.

He said the success of the 2009 national budget which is worth 15.2 trillion Kwacha is highly dependant on how the allocated funds will be disbursed to the various sectors.

Mr. Musonda who issued this statement through a press release that was made available to ZANIS today also said early disbursement of funds and the providing of budget information to government departments and society would allow them to embrace the budget thus giving it the support it deserves.

And The business community in Kafue District has called on government to provide more funds to the local authority so that infrastructure can be improved in the district if more investors are to be attracted.

The community also says despite many people commending this year’s national budget, people in Kafue feel disappointed with it because it has not answered the problems of Kafue.

Power Five Enterprise Director Joseph Chanda told ZANIS in Kafue today that Kafue district has a lot of potential which can turn the economy of the area.

” While government is doing everything possible to help the once industrial town of Kafue to get back to its former status, the local authority must explore ways of making the town more attractive to investment,” he said.

Mr Chanda said among the areas the budget has failed is to create employment in the country. He said unemployment is still a problem government must endeavour to resolve as many Zambians have no jobs.

He said government should have also provided money to re-capitalize Nitrogen Chemicals of Zambia. He said failure by government to resuscitate NCZ is killing the economy of Kafue as many business houses depend on the salaries of workers who make up the majority of residents in the area.

He further called on government to deliberately increase funding to councils so that infrastructure is improved in districts. He said infrastructure in many districts is very poor and investors may shun them.

Mr Chanda said Kafue district is too close to Lusaka to lack proper infrastructure and more investment should be directed to it so that it comes out of its problems. He said the local authority on its own can manage to improve the town if government does not intervene.

And another Businessman Muhammad Nurget commended government for having increased the threshold of those exempted from paying PAYE from K600, 000 to 700,000. He said this will provide more relief to workers as they will be having something to take home.

Mr Nurget however appealed to government to extend the exemption to those earning K1, 000,000. He said many workers in Zambia will not be spared from the economic problems the world is facing because business houses are increasing prices of commodities and yet salaries have remained static.
ZANIS/MK/ENDS

27 COMMENTS

  1. 7. Matworld-Nice guy!

    awe lelo ninaka mudala!! Kuti wapena na ba LT!!
    Let me let them breath. They have been watching me too close.
    :d

  2. I have figured it out. The funds are delayed because somewhere along the chain of funds somebody decided to help themselves to the money. To cover this fra ud up the government goes to lenders like donors and asks for money which then covers that sto len money. The government then makes sure the money lent from the lenders is due after the current culprits leave the office of government so as somebody else can bear the consequences.

  3. A delay in disbursement of these funds only lead to misappropriation and corrupt practices.
    Strict measures should be put in place for those concerned in dealing with such issues. :-?[-x

  4. Was just checking the comments on most stories today and yesterday and judging by the number i guess most stories are boring! LT give us something exciting. Like the guy who ate the adulterous man’s ntweno!

  5. **==Quote for the day**==

    “A bad name is like a landmine; watch your steps to avoid stepping on it.”

  6. You are very right EPPMT hope you don’t have some hidden agendas with the same money.Be aware that Iam behind you on this one. :-j:-j:-j

  7. Matworld-Nice guy! My Bro, I am well. Hoping you are good too. Let’s not give up on our country one day I strongly feel we shall over come. God bless Zambia and the land of Israel. My prayer is that God will grant all bloggers on LT, a good life full of laughter.
    To people like Ba Mwine, Dr Maureen, Baby C, BRUDER L,Ndola Lady, gc, Mo Trim, Cutey, Ba Moze, The Rashid’s, Gumu Gumu and all those I haven’t mentioned, in everything you are doing God shall prosper you greatly.
    Bless you all.

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading