Out of the ZMW 41.9 Billion of the Supplementary Budget, 19.8% or ZMW8.3 Billion will be allocated to the National Drought Response. Out of this amount, ZMW 5.2 Billion is allocated to Social Cash Transfer Programme under Ministry of Community Development and Social Services. ZMW14.6 Billion or 34.8% of the budget has been allocated to...Continue Reading
Transparency International Zambia (TI-Z) acknowledges the transparency demonstrated by the Government in announcing the supplementary budget amounting to K41.9 billion. This announcement reflects a proactive approach in reallocating resources, in response to current challenges and potentially in response to the utilization patterns observed by Ministries, Provinces and Spending Agencies (MPSAs). However, TI-Z wishes to raise...Continue Reading
Debt is a critical component of a country’s public finances. When acquired and managed responsibly, debt can be an important part of a country’s economy and fiscal health. It can be used to finance thedevelopment of new infrastructure that improves people’s lives and increases economic output. During times of crisis, such as the COVID-19 pandemic,...Continue Reading
Transparency International Zambia (TI-Z) welcomes the release of the Special Audit Report on External Public Debt of the Republic of Zambia for the period 1st January 2006 to 31st December 2022. The Special Audit of Zambia’s External Debt was long overdue as it has been the subject of civil society advocacy efforts for over a...Continue Reading
