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Alba Iulia
Tuesday, July 7, 2020

Zambia has saved up to One-billion kwacha from ghost Farmers-Mutati

Economy Zambia has saved up to One-billion kwacha from ghost Farmers-Mutati

Felix Mutati
Felix Mutati
Minister of Finance Felix Mutati says government has saved up to One-billion kwacha from ghost Farmers under the Farmer Input Support Program as part of a cleanup exercise in various sectors.

Mr. Mutati says the cleanup has also reduced government’s payroll to the education sector by 10 percent.

Speaking during a post budget panel discussion organized by PricewaterhouseCoopers in Lusaka, Mr. Mutati said the PF government has exercised fiscal discipline in all sectors which has led to the stabilization of the economy.

He said the positive pronouncements in the 2018 budget also indicate government’s commitment in working with the private sector to change the economic landscape of the country.

The Minister stated that government has emphasized on tax compliance by all tax payers in the 2018 national budget to raise the required revenues for economic growth and industrialization.

He however noted the need for major reforms on the tax enforcing agency that will see massive education on tax compliance and flexing of payment modes.

Mr. Mutati added that government is also working on reducing bureaucracy which has hampered development of industries in the country.

And Bankers Association of Zambia President Charles Mudiwa said the industrialization and infrastructure policies by government have seen the banking sector increase its lending to the private sector.

Mr. Mudiwa said the banking fraternity has welcomed public private financing which will make the private sector participate in the infrastructure development of the country.

Meanwhile the International Monetary Fund commended Zambia for its positive economic gains.

IMF Country representative Alfredo Baldini said the country has exhibited fiscal discipline and that chances of recovery owing to diversification are very high.

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  1. You have saved 1 billion kwacha from ghost farmers and yet the perpetrators are still at large, then the saving will be shot lived because soon they will hatch another plan of stealing. Fish them out and the saving will be safe guarded.

  2. @3 mwakale, AGREED, always with INCOMPLETE solutions!! Who can doubt or refuse if we say the culprits are cadres of the ruling party and its affiliates!?? HOW can we LOOSE K1Bn and WE DO NOT CARE TO PROSECUTE THE CULPRITS? 10% of the TEACHING SERVICE, how many in number were these? Doesn’t that show that WE COULD BE HAVING MORE ACROSS THE ENTIRE CIVIL SERVICE? WHY NOT PROSECUTE TO DISCOVER MORE AND SEAL LOOP HOLES??

  3. the exercise of exposing exam cheaters to squire certificates should not only end on teachers alone but must be extended to various companies and organisations ubufi bwachila mu chalk,no wonder we have so many employees who half baked because of cheating ifima leakage namuma college what a shame.

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