Finance Minister Felix Mutati has said that he will soon present to parliament a number of bills aimed at supporting fiscal discipline and economic development.
Mr. Mutati has named some of the bills as public finance, budget and planning and procurement bill.
Mr. Mutati said that his ministry is committed to implementing measures that are contained in the 2018 national budget as a way of bettering the economy.
Mr. Mutati government has taken bold policy decisions and reforms particularly in the agricultural sector in its efforts to eliminate structural imbalances.
Gracing the 2018 Zambia Institute for Policy Analysis and Research (ZIPAR) National Analysis Breakfast Programme today at Lusaka’s Radisson Blue Hotel under the theme ‘Staying the Course of Fiscal Fitness,’ Mr. Mutati said his Ministry has protected the social sector this year by increasing on the previous year 2016’s K 240,000 on social cash transfer to K590,000.
“Government has taken bold policy decisions and reforms particularly in the agricultural sector in its efforts to eliminate structural imbalances” Mutati said
Meanwhile, ZIPAR Executive Director Pamela Nakamba Kabaso says that tremendous efforts were made in 2016 to stabilise the economy and set in on a growth trajectory.
Dr. Kabaso further stated that the recent economic growth rates of 3 percent to 4 percent is not adequate to leave anyone behind in line with the 2018 Budget’s theme.