Category: MoFNP News

The Government, through the Ministry of Finance and National Planning, has issued new guidelines to streamline the approval of CDF projects. The specific objective is to quicken the implementation of CDF projects through limited delegation of the powers of the Secretary to the Treasury to the Principal Local Authorities Officers (Town Clerks/Council Secretary’s) for variations,… Continue reading MEASURES TO FURTHER ENHANCE THE IMPLEMENTATION OF THE CDF

Finance and National Planning Minister Dr. Situmbeko Musokotwane, MP, says the execution of the 2023 budget has commenced on a smooth note. Since the start of the year a few days ago, the Treasury has so far released a total amount of K1.8 billion to finance public service delivery. The tabulation of funds released from… Continue reading K1.8 BILLION RELEASED SINCE START OF THE MONTH, OF WHICH K419.3 MILLION IS FOR SCHOOL GRANTS

The International Monetary Fund (IMF) has handed over, Wednesday, 28th December, 2022, the Zambia Diagnostic Report on Governance and Corruption to President HAKAINDE HICHILEMA. The Report was delivered to the President by IMF Resident Representative Ms. PREYA SHARMA, on behalf of the IMF Mission Chief for the assignment, Ms. TINA BURJALIANI. The Governance Diagnostic Report… Continue reading ZAMBIA: IMF DIAGNOSTIC REPORT ON GOVERNANCE & CORRUPTION HANDED OVER TO THE PRESIDENT

Secretary to the Treasury FELIX NKULUKUSA says Zambia’s guidelines and listing rules for issuance of green bonds to support climate related projects are in place. Mr. NKULUKUSA says the regulations and guidelines are there to create credible opportunities for raising financing through #greenbonds for climate change projects and green growth. “To promote green bond trading,… Continue reading Guidelines and Listing Rules for Issuance of Green Bonds in Place

The Minister of Finance and National Planning Dr SITUMBEKO MUSOKOTWANE, MP, announces that in October 2022, the Government released a total of K13.9 billion to finance public service delivery. Of this amount, the implementation of various developmental projects, programmes and general operations amounted to K2.2 billion. Transfers, subsidies and social benefits received K6.0 billion. K1.4… Continue reading October 2022 Budget Performance

Finance and National Planning Minister Dr. Situmbeko Musokotwane, MP has told visiting African Development Bank Executive Director Gerald Bussier that the Zambian economy is on the verge of sustained growth and emancipation due to the enabling policies that the Government has put in place to ensure macro-economic stability, quality investment inflows, job creation for the… Continue reading We are Pushing Hard for Economic Stabilisation, Investments, Job Creation & Prosperity

The World Bank has approved US$275 million concessional financing for Zambia. This follows the Government’s continued engagement with development partners targeted at securing support for fiscal stabilization and accelerated economic growth programmes. The approval was granted through the World Bank’s International Development Association (IDA), at a meeting of the board held on Tuesday, 25th October… Continue reading World Bank approves US$275M financing to support Zambia’s Reform Programme

Click the link to access the article: USD 50 MILLION FOR SMEs

Click the link below to access the document: 2022 IMF-WB Annual Meetings

Click the link below to access the investor presentation by the Secretary to the Treasury, Mr. Felix Nkulukusa: October Investor Presentation