Zambia Allocates 11.7 Billion Kwacha for Public Service Delivery in February 2024
The Ministry of Finance and National Planning has allocated 11.7 billion Kwacha to finance public service delivery in February 2024, according to recent reports.
Out of this amount, 2.1 billion Kwacha has been allocated to transfers, subsidies, and social benefits, while 1.3 billion Kwacha will go towards implementing various government programs and general operations. Additionally, 911.3 million Kwacha has been earmarked for capital expenditure programs.
Furthermore, 3.1 billion Kwacha has been allocated for debt service and arrears, with the remaining 4.3 billion Kwacha allocated for the public service wage bill.
Finance and National Planning Minister, Situmbeko Musokotwane, emphasized that the government’s policies will continue to focus on contributing to economic transformation and growth.
Dr. Musokotwane announced that the government will host a Townhall Meeting on Thursday, 14th March, 2024, at the Mulungushi International Conference Centre.
The meeting will discuss strategies to unlock Zambia’s economic potential through enhanced import, export, and border process efficiencies.
