Saturday, June 6, 2026
25.2 C
Lusaka

Musokotwane Says Fiscal Discipline Helping Government Manage Budget

Finance and National Planning Minister Dr. Situmbeko Musokotwane says the fiscal discipline adopted by the government has enabled it to manage the national budget more responsibly.

Dr. Musokotwane said the government has been adjusting its spending patterns in order to manage public resources more effectively and ensure the country operates within its financial means instead of accumulating unsustainable debt.

Speaking in an interview with the media, the minister said strict financial and fiscal discipline has played a key role in improving the country’s economic position.

He added that Zambia’s economy has continued to show signs of improvement as a result of the measures being implemented.

Meanwhile, Dr. Musokotwane acknowledged that the removal of fuel subsidies was a difficult decision for the government.

He explained that despite the move being unpopular, it was necessary in order to free up resources that can now be directed towards important government programmes such as free education, meal allowances and bursaries.

Loading read count...

1 COMMENT

Comments are closed.

Hot this week

Govt, Church encourages democratic participation

Ministry of Information and Media Permanent Secretary, Thabo Kawana,...

Copper Queens Reach 4-Nations Final

The Copper Queens have reached the final of the...

UPND OPEN TO WELCOMING BACK GARRY NKOMBO IF HE RENOUNCES REBELLIOUS CONDUCT

UPND Deputy Secretary General Gertrude Imenda says the party...

UN Honours Tow Fallen Zambia Soldiers

Two Zambian soldiers who died while serving under the...

CRIMINALS BURN FIVE HOUSES, KILL SEVEN IN LUKULU

Seven people, including a baby, have died after suspected...

Topics

Govt, Church encourages democratic participation

Ministry of Information and Media Permanent Secretary, Thabo Kawana,...

Copper Queens Reach 4-Nations Final

The Copper Queens have reached the final of the...

UPND OPEN TO WELCOMING BACK GARRY NKOMBO IF HE RENOUNCES REBELLIOUS CONDUCT

UPND Deputy Secretary General Gertrude Imenda says the party...

UN Honours Tow Fallen Zambia Soldiers

Two Zambian soldiers who died while serving under the...

CRIMINALS BURN FIVE HOUSES, KILL SEVEN IN LUKULU

Seven people, including a baby, have died after suspected...

Rising Talent Grallae Represents the Future of Zambian Music

Rising Talent Grallae Represents the Future of Zambian Music Bwanga...

Former North-west HoDs receive ultimatum

has directed former government Heads of Departments (HoDs) who...

Govt. committed to promote environmental sustainability

Lusaka District Commissioner (DC), Rosa Kayuni says unchecked urban growth...

Related Articles

Popular Categories

spot_img