2014 national budget zambia pdf

Edgar chagwa lungu, president of the republic of zambia reminded the nation of the need to uphold our national values and principles, which are centred on patriotism and love for one another as enshrined in our national anthem one land and one nation is our cry. The overview provides a guide on the measures announced in the budget as. You need to monitor the people and processes that have an impact on the development problem that you want to address and. The zambian agriculture sector comprises crops, livestock and fisheries.

Great work by the way from the zambia revenue authority who have also got it on their website in record time. And so although the great waves of financial turbulence and the slow growth. Pdf 2015 zambia budget analysis kampamba shula academia. Zambia is experiencing a large demographic shift and is one of the youngest countries globally by median age. Zambia in its quest to enhance transparency, accountability, citizenry. The finance minister, situmbeko musokotwane mp delivered the budget statement today. Ministry of gender, children and social protection national gender policy, 2015 10 agendain this policy although a separate social protection policy will be developed specifically to address their issues. The national policy on climate change should be put in place and institutional arrangements, capacities and adequate resources deployed to develop a national action plan to implement the national climate change response strategy for as climate resilient and the low emission growth. I have the honour of tabling our governments budget for fiscal year 202014, the budget that restores balance. Click here to download the complete set of the 2014 15 budget for offline reading. It is based on the information available at the time it was completed on may 5, 2015. The 2016 national budget was presented by the honourable.

This was mainly attributed to a poor harvest in the 20142015 farming season. The minister of finance, honourable margaret mwanakatwe, in her maiden national budget presentation informed the nation that the 2019 budget was framed on building on the firm. Part 3 the structure and performance of the tax system. The new budget has triggered anxiety among stake holders and civil society groups of how the pf government hopes to finance such a leap in expenditure. Speaker, i beg to move that the house do now resolve into committee of supply on the. The 2016 national budget statement building a conducive environment that attracts foreign direct investment presented to the parliament of zimbabwe on. Mwanakatwe said in her budget speech the patriotic fronts eighth budget since it came to power in 2011 that going forward government will amongst other things, focus. Oct 25, 2014 zambia is a landlocked country, but thanks to its numerous rivers, lakes and underground water resources, the country concentrates 40% of southern and central africas water resources on its own. Government budget in zambia averaged 3 percent of gdp from 1998 until 2019, reaching an all time high of 18.

Three days later, kpmg zambia hosted the third annual budget discussion breakfast at hotel intercontinental in lusaka. Assessment of the fifth national development plan 60. What problems would the minister of finance encounter in the process of budget formulation and implementation in zambia. Republic of zambia 2018 budget address national assembly. The october 20 zambia budget address for the year 1st january, 2014 to 31st december, 2014 was delivered to the national assembly by the minister of finance and national planning, honorable alexander b. The 201617 budget inbrief ministry of finance and development planning. This is done through the division of revenue bill, which is tabled with the national budget. Madam speaker, the 20162017 budget marks the end of the tenth national development plan ndp 10, whose implementation was characterised by slow growth in both the global and domestic economies. The 2019 budget will seek to gradually condense the fiscal deficit, maintain a sustainable debt position and safeguard the vulnerable in society. The wage freeze is addresses as well as the mining tax regime changes. Oct 20, 2014 zambian finance minister, alexander chikwanda presented the national budget on 10 october 2014. Zambia budget balance in relation to gdp 20142024 statista. Pwc 1 2014 national budget looking ahead commentary 2014 national budget as zambia prepares to celebrate 50 years of independence in 2014, the government has reiterated its pledge to achieve more equitable distribution of wealth.

Contents 2 2016 budget commentary 6 2016 sectoral impact 14. How much money is allocated to primary health care within the. The budget briefing note provides an assessment of the 2014 15 national botswana budget allocations presented to the parliament. Zambia country operational plan cop 2016 strategic direction summary april 14, 2016. Great work by the way from the zambia revenue authority who have also got. The 2015 budget is better than the 2014 one because although both are developmental the 2015 has a more easier to manage fiscal deficit than the 2014. Click here to download the complete set of the 201415 budget for offline reading. Zambia country operational plan cop 2016 strategic. Oifig dhiolta foilseachan rialtais, teach sun alliance, sraid theach laighean, baile atha cliath 2, no trid an bpost o. Speaker, zambias domestic debt including arrears as at endseptember 2014 stood at k21. Civil society engagement in the national budget process 3 engagement as a process, not an event that closely involves people in the economic, social, cultural and political process that affect their lives. Mister president, you have given us a clear and historic challenge to write a new story about south africa the story of how, working together, we drove back unemployment and reduced economic inequality and poverty. The overview gives a guide on the measures announced in the budget as.

Different decisions are made by different people at each step of the budget process. Sir, the ministry of health will provide the full details of these projects during debate on the 2011 budget. A positive value indicates a budget surplus, a negative value indicates a deficit. Zambia recorded a government budget deficit equal to 7. Zambia s risk of debt distress from high to moderate in the medium term. This page provides zambia government budget actual values, historical data, forecast, chart. The national planning and budgeting policy is as a result of a. This implies that civic or citizen engagement is an ongoing process that requires continuous participation.

Honourable minister of finance and national planning. Finance minister alexander chikwanda delivered the budget statement 2014 today. Zambia is expected to continue experiencing significant population. Overview in his maiden budget speech, the minister of finance, hon dr bwalya ngandu stated that economic growth is expected to slow down to 2% by the end of 2019. Oct 11, 20 finance minister alexander chikwanda delivered the budget statement 2014 today. I am asking for consent to table the following documents. Building on last years theme, the 2014 budget reflects the governments intention to consolidate growth and. Zambian annual budget discussion breakfast blog kpmg africa. The seventh national development plan 7ndp for the period 2017 2021 is the successor to the revised sixth national development plan, 202016 r. Speaker, i beg to move that the house do now resolve into committee of supply on the estimates of revenue and expenditure for the year 1st january 2010 to 31st. This page provides zambia government budget actual values.

These include increasing the revenue base to drive sustained inclusive growth and reduce the national debt burden. He came to the ministry to announce his arrival in zambia. Pwc 1 commentary a year ago following successful transition to power, the new government announced that it would make zambia a better place for all. The 2020 budget theme focusing national priorities towards stimulating the domestic economy is clearly aimed at dealing with zambia s declining economic performance. Over the mtef period ahead, national department allocations total 47. Zambia particularly in the field of gemstone and industrial mineral, which offer great potential.

Headlines 2012 full budget address speech by finance minster alexander chikwanda. Weathering the storm zambia s 2016 national budget pwc analysis and outlook commentary mining sector and on the economy as a whole. O the october 20 zambia budget address for the year 1st january, 2014 to 31st december, 2014 was delivered to the national assembly by the minister of finance and national planning, honorable alexander b. The national annual budget is a document containing various government activities or work programmes expressed in monetary form. Formal analysis to follow, but on a quick read this appears to be a pretty disappointing budget. Sir, i am the bearer of a message from his excellency the president of the republic of zambia recommending favourable consideration of the motion that i now lay on the table, in accordance with the requirements of article 117 of the constitution, as amended. Final approved national planning and budgeting policy. Speaker, i beg to move that the house do now resolve into committee of supply on the estimates of revenue and expenditure for the year 1st january 2014 to.

Between 2011 and 2014, zambia experienced strong economic growth at a rate of c. Minister of finance felix mutati has today presented the 2018 national budget to parliament with a total projection of 71. Zambias risk of debt distress from high to moderate in the medium term. Vicepresident guy scott with finance minister alexander chikwanda before a meeting at state house on july 14, 2014 picture by thomas nsama.

Compared to many other southern african countries, zambia has relatively abundant land and water. Curtailing spending as part of these austerity measures, hon. Government has undertaken shortterm measures to address the problem, including importing emergency power from abroad, but admits that this is not a sustainable solution. Appendix b budget profile and resource projections. The 2014 national budget statement towards an empowered society and a growing economy presented to the parliament of zimbabwe on 19 december, 20 by hon. The main features are discussed with emphasis on the implications for the fiscal and growth strategy given the developmental challenges in the context of botswana. Agriculture, fishery and forestry, which account for 20 per cent of zambian gdp, shrunk by 2. This is an analysis of the 2015 zambian budget including breakdown of allocations to sectors including health, agriculture, infrastructure development and many more.

Zambia budget document full title fiscal year the budget document refers to date of publication pre budget statement 2014 2016 medium term expenditure framework and the 2014 budget green paper 2014 august 20 executives budget proposal ebp 2014 budget address by hon. Mutati mp, minister of finance delivered to the national assembly on 11th november 2016. Seventh national development plan 20172021 i foreword zambia remains committed to the socioeconomic development planning of the country as reflected by the return to development planning in 2005. Oct 12, 2012 minister of finance alexander chikwanda today announced a k32. With support from project africa in the form of cnbc africa coverage the breakfast took on a new format with kpmg partners and. Nov 26, 2019 the statistic shows zambia s budget balance in relation to gdp between 2014 and 2017, with projections up until 2024. Mutati, mp minister of finance delivered to the national assembly on friday, 29th september, 2017 1. Within the context of ghanas constitutional requirements, its development frameworks as. Division of revenue the constitution requires a division of nationally raised resources between national, provincial and local government. Zambia is a landlocked country, but thanks to its numerous rivers, lakes and underground water resources, the country concentrates 40% of southern and central africas water resources on its own.