Tuesday, May 21, 2024

Budget consultations will now start in January-Msiska

Share

Secretary to the Cabinet Roland Msiska
Secretary to the Cabinet Roland Msiska

Secretary to Cabinet Ronald Msiska has disclosed that budget consultations will now start in January to allow for adequate consultations with cooperating partners and budget planners before the final Budget is done.

He explained that this is part of linking the budget to the Seventh National Development Plan as well as other activities.

Dr Msiska has since directed the Ministry of Finance and the Ministry of National Development Planning to come up with a coherent mechanism to facilitate the planning budget process.

He was speaking in Lusaka today during the official opening of a two-day National Development Coordination Committee Meeting at Mulungushi International Conference Centre.

And Ministry of National Development Planning Permanent Secretary Chola Chabala said progress has been made on coordinating of the Seventh National Development Plan through strengthening of advisory bodies at national, provincial and district levels.

Meanwhile, Ministry of Finance Permanent Secretary Budget and Economic Affairs Mulenga Pamu said economic growth has picked up in the second quarter of 2018 to 3-point 9 percent compared to 2 point 7 percent in the first quarter.

Dr Pamu has attributed the growth to positive performance in mining, stable supply in electricity, manufacturing and construction.

2 COMMENTS

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