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Zambians hold their breath as Finance minister Alexander Chikwanda comes under the spot light

File: Finance and National Planning Minister Alexander Chikwanda and his wife, Margret, displays the copper briefcase containing the budget
File: Finance and National Planning Minister Alexander Chikwanda and his wife, Margret, displays the copper briefcase containing the budget
File: Finance and National Planning Minister Alexander Chikwanda and his wife, Margret, displays the copper briefcase containing the budget
File: Finance and National Planning Minister Alexander Chikwanda and his wife, Margret, displays the copper briefcase containing the budget

Finance Minister Alexander Chikwanda today comes under the spot light from stakeholders across all sectors as he unveils the 2015 national budget.

For many economic players they will be expecting the minister to give some tax relief in the 2015 budget, while for most workers focus will be on the Pay As You Earn (PAYE) threshold which they hope will be increased above the current K3,000.

There will also be anticipation for a budgetary allocation for the constitution making process, especially with growing calls for the holding of a referendum before the 2016 elections.

ActionAid Zambia said it expects a much more robust policy on taxation in the 2015 national budget to be presented to Parliament today.

ActionAid country Director Pamela Chisanga told Qfm news in an interview that increased budgetary allocation to the social sector is also key for the country to build on the gains its has made in the sector.

Ms Chisanga said there is need for Finance Minister Alexander Chikwanda to further clearly state measures government will taken to enhance revenue generation.

She added that much as government has shown serious commitment to infrastructure development across the country, there is need for clear prioritization.

Ms. Chisanga said the country risks losing the gains it has made in crucial sectors such as education and health if enough funding is not allocated.

Meanwhile the Zambia Council for Social Development (ZCSD) says it hopes the 2015 Budget will provide funding for the holding of the referendum on the new constitution.

Executive Director Lewis Mwape told Qfm news that ZCSD also looks forward to seeing an increased allocation towards the Farmer Input Support program (FISP) in the budget.

Mr. Mwape said this is in order to enable more small farmers scale farmer benefit from the programme as others graduate into medium scale farmers.

Finance Minister Alexander Chikwanda is this afternoon expected to present the 2015 national budget to Parliament.

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16 COMMENTS

    • The budget will make people believe why the PF should remain in power. Chikwanda is the best finance minister the country has ever done.

      Well done president sata for making another rightful decision

      Thanks

    • We read it all from Fred M’membe’s leaked document in the Post Newspaper. So what’s exciting about this news item to warrant the use of one picture TWICE?!

    • Mushota, are your comments for joking or really serious?, The wife cant even tak a pride to wer something to show you are a zambian

    • Mushota has made her observation; is it asking too much if you made a rational comment. Some of your utterances are sickening!!

  1. Expecting them to unfreeze emplyment for teachers. I’m tired of working for privately owned companies and want to join the government.

  2. Nice copper box! Mmmmm some goodies in there I Hope, just logged on for the budget buzz.

  3. The rich who are getting richer are the politicians and the poor who are getting poorer are the common people who vote for the politicians. The tool that is used to accomplish this noble objective is the national budget. Thanks to the banality of our thinking with which the devil has cursed us.

  4. For many economic players they will be expecting the minister to give some tax relief in the 2015 budget, while for most workers focus will be on the Pay As You Earn (PAYE) threshold which they hope will be increased above the current K3,000.

    Minimum wage!will still remain useless while pay as you earn threshold continue to increase.For once can Shamenda move with time by passing a new SI. The rate of the dollar has gone up.Workers especially in the private sector are not able to afford 3 meals a day.

  5. Mushota has a right to her own opinion, therefore it disturbs my mind to hear other bloggers resorting to insulting her for expressing her democratic opinion. The best one can do is to counter her opinion rationally and in a very mature manner. She has never insulted anyone who differs with her politically or otherwise. If anything, she has my support. This is the first time Zambia has got a mature and upright finance minister. He has put life into the economy and increased hope for the next generations. This policies are solid and a foundation of development. More years for PF in power and Sata at the helm.

  6. I cant agree more to the comments made by jojo, GM and indeed Mushota herself. You see i thought for once that this platform is full of mature intelligent and indeed exemplary future leaders. But ALAS! A person with a different rational opinion is considered to be an enemy and subjective to insults. i like consistent people and though i dont agree with some of her opinions on certain issues, i salute Mushota generally because of her consistency and she sticks to the matter at hand and NOT to attack fellow bloggers. Lets grow up.

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