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Finance Minister expected to deliver the 2021 National Budget on Friday, September 25, 2020

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Finance Minister Bwalya Ng’andu is expected to deliver the 2021 National Budget on Friday, September 25, 2020.

In his speech, the Minister will address issues related to the global and domestic economy, macro-economic objectives, policies, and strategies for 2021, and the 2021 national budget.

Ministry of Finance Spokesperson Chileshe Kandeta says the inter-ministerial Tax Policy Review Committee and Non-Tax Policy Review Committee will be finalising their assessment of proposals and recommendations to arrive at the best possible revenue.

In a statement to ZNBC News, Mr. Kandeta said the Minister remains focused on preparing and presenting the national budget on 25 September 2020.

He said all officials that are involved in the budget preparation process have been directed to deeply reflect on the assignment and implement well-structured engagement programmes with development partners, ministries, provinces and agencies.

Mr. Kandeta said this is to ensure inputs, assumptions and scenarios are analyzed in a critical, innovative, professional, and diligent manner in order to produce a budget that takes care of the socio-economic well-being of the people of Zambia.

He says the Ministry of Finance also places on record its appreciation for the intervention recently made by President EDGAR LUNGU when he called on the business community to engage the Ministry and make their submissions as it develops the 2021 -2023 Medium Term Expenditure Framework, and the 2021 national budget.

Mr. Kandeta said the inclusive stance demonstrated by President LUNGU has helped the Ministry to ensure stakeholders and interest groups that may have earlier been left out due to lapse of time, have now participated in proposing developmental, tax, and no-tax measures for the 2021 National Budget and the 2021 to 2023 Medium Term Expenditure Framework.

10 COMMENTS

  1. Interviewer: HH how did you amass all the wealth you have today?
    HH: I am just simple villager, I went to a village school and the rest is history. Kiiiiiiki

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  2. We are now linking this privertisation witch hunt as a successor to the failed PF gassing campain to have HH and UPND arrested and banned , to date no news about any investigations into the gassing of our people……

    the gassing campain failed spectacularly, hence this new plot with all PF bootlickers .

    We are not against an inquiry , HH would welcome that, we welcome that however we know the timing is for lungus survival…….

    If this privertisation issue is not intended to ban HH, we sugest announcing a date after the 2021 elections , ….

  3. We are now linking this privertisation witch hunt as a successor to the failed PF gassing campain to have HH and UPND arrested and banned ,

    the gassing campain failed spectacularly, hence this new plot with all PF bootlickers .

    We are not against an inquiry , HH would welcome that, we want an enquiry, however we know the timing is for lungus survival……. we also know lungu and PF can not survive without donner funds. Don’t jerpodise funding.

    If this privertisation issue is not intended to ban HH, we sugest announcing a date after the 2021 elections ,

  4. We thank the lord for our wise minister. we have all faith that he will deliver a very inclusive budget especially so in the new normal. The impact of Covid has been a challenge world wide. We look forward to this important budget. It is disappointing to note that peopel like HH who claim to be the best economists in zambia are no where to be seen advising and offering solutions. All we see is HH arguing with and insulting women who are geniunely asking him information that is in the public’s interest. Takatekepo with such a stinky attitude.

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  5. Kaizar Zulu © , U ARE JUST A LUNA-TIK … HH everyday… Anyway i can understand…. Trying commenting about COVID LAB tests…as a trained LAB TECH , Where you are the AUTHORITY… kikikiki

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  6. Secret your jealousy will choke you. I am proud of my past and my hard work to get where I am. You may have gone to better schools and even university but see your life now.. are you serving government in high position like me ? Are you a successful business man like me?

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