The Jesuit Centre for Theological Reflection (JCTR) has welcomed recommendations from the Public Finance Committee of the National Constitutional Conference (NCC) about water-tightening the Parliamentary oversight in debt contraction.
Parliamentary oversight entails that Parliament will, by legal mandate, scrutinize, debate, approve, and limit the loans the ministry of Finance and National Planning will raise for the nation.
JCTR Programme Officer for Debt and Public Resource Monitoring Privilege Haang’andu explains that the move would ensure that Parliament takes into account debt sustainability and the needs of the country in every given financial year.
Mr. Haang’andu said in Lusaka today that this is a significant step towards realizing a Zambia free from a debt trap.
Mr. Haang’andu further said that the management of debt resources should be re-looked at to determine how honest and transparent the country has been in expending debt recourses.
He said it is worrying to note that the Auditor General’s report for 2007 exposes a lot of fiscal leakages and indiscipline.
Mr. Haang’andu observed that until measures are taken against those culpable of those huge misappropriations and theft, the country has a long way in ensuring that borrowed resources benefit all Zambians, especially the poor.
He said Zambians need assurance that their financial resources are being put to good use.
ZANIS
Indeed this move need to be commended.
‘Mr. Haang’andu further said that the management of debt resources should be re-looked at to determine how honest and transparent the country has been in expending debt recourses’.
Quite Impressive! My husband will be coming much later to have his say!
The should make sure that all the Loan the ministry enter into is intended for good purpose other than using Loans to Finance an acceptable trips to lodges and game parks with families.
Mrs Maestro your husband is the most irritating blogger .Please give him enough sex so he comes relaxed on LT.
I second this motion; it is a very good suggestion as long as it can work on the ground. Proper checks and balances (controls) are pivotal in any system if we are to achieve our aspirations. Zambia is poor today not because of a lack of well-wishers, but because of embezzlement of developmental funds by those in influential positions, lack of visionary leadership, corrupt practices and above all pure greed!! Imagine telling a widow that your husband died, not because he couldn’t be treated or saved, but because so and so stole the money which was meant for your husband’s medicines! Maybe this is the message we need to educate our folks in the rural areas with. I am positive this could go a long way in giving our people political education.
#4, its because he contributes intelligently than most of you and all his posts are based on facts, truth and reality. Secondly, my dearest husband is always relaxed, i look after him very well!
Are there dollars in those sucks
Whats going on pa Z
I am lookin for a zambian woman to be my friend
Must be a virgin, 2) single 3) ‘willing’ 4) support me during day and night…. when i quarrel with my gf’ 5) must phone me as i dont have credit for a second miss
#6, I can talk to my husband’s young sister, what do you think? men have become scarce and hey, who wouldnt want to go for an offer given a silver platter?
it will be a nice move . . . . bukabwalala bwalichilamo pa zed!!! #4 take it easy!!!
#6. Are you a virgine yourself???
Elo lwanyaa!!! What will the Technocrats at Ministry of Finance be doing? Next you will hera the office of President has been increased from 5 t0 7 years. Parliament is supposed to be offering checks and balances on loans given to GRZ. Do you what this means to MPs? More time at parliament, more sitting allowances, more tax to be paid by the few workers that will be left in employment. So who is the beneficiary? Its the MPs. Careful Zambians. Lets us not make laws that will suit a Devil because one day you will have an angel in that seat, it it will not fit in until the law is amanded again. What a polite way of spending taxpayers money.
That is welcome. Whoever will have the final say on the recommandations of the NCC should sacrifice him/herself 4 de better mother zambia.There is need to leave a good document. I will not accept folktales in our new Constitution. Those guys r putting in their best. 2011 vote credible MPs not Boxers.
yeah shani ba # 6 . . . they are no virgins in zambia. . . they all say they are virgins – unless you have a virginometre- may be you will measure who is & who is not.
Those bags::: do they have $ or ZMK in it??
#4 Slow down. speed kills.
Mrs Maaestro its nice you support your man like a good woman should, I must say though great men are known by the way they treat the small man and your hubby doesn’t do well in that department. Well give him some more because he sure aint relaxed enough.Try it you won’t lose anything!
Guys, dont be cheated, # 4 is a very well known blogger on Lt! do you want to know the name?
Fashion Police aka Mrs Maestro have you run out of words that you should change your name. How did I know – duh the flags the same! Anyway just toying with you have a good weekend.I’m knocking off!
Bwalya replies to the name of MISS DAISY!! A fullish toothless old woman who is after a marrieage on this blog.Thats why she has run off! no one can trick me here! and i know exactly who is behind the name Mrs Mastro something.
#13,Thats Zim Dollar.
#10, MWANAWASA, this country has contracted debt that we dont know about and so for as long as no proper checks and balances are put in place, the few over burdened workers will continue paying back these debts. a good example is the Moble Hospitals, a loan of US$53 million would have been contracted by plot 1 and you and me would have suffered paying back this loan even after a new tenant occupies plot 1. With Parliment providing an oversight, the media would carry info on loans and proper checks would be in place. Maybe what needs to be worked on is how parliament would pass its resolutions wthether by simple majority of 2/3 votes. with a simple majority criteria, the ruling party would always carry the day and partiament wud not be very effective on this score.
CORRECTION! Maybe what needs to be worked on is how parliament would pass its resolutions wthether by simple majority OR 2/3 votes. with a simple majority criteria, the ruling party would always carry the day and partiament wud not be very effective on this score.
#20/21Spectator, With MPs like Kambwili of Roan, Pesy Chanda of Kankoyo I can forsee a big disaster. MPs are not ther for the pipo.1.No MP went o parliament as a worker becoz this is the requirement by law to resign their positions. So what happens in their new positions of work? Total disaster my man. They will approve whatever comes their way. Look at Given Lubind and Dipak Patel, they have objected resliently to have increments in their emoluments as MPs,but after they have been defeated, have they rejected the money. The ansewr is a BIG NNOO! I think you are now able to see the type of characters that we are dealing with. National Assembly is a SHAM. Full of Id]ots and f@@Ls. F^ck them all
secondary virgin primary virgin or virgin virgin?
I appreciate your point and its valid. However, I still think that if such issues are brought to parliament, they would spur public debate and MPs would have to think twice before they vote because the the public would be watching. we were watching on the issue of there perks and i think they could not be that objective because the issue involved them directly. besides, this move would not just affect us but the futre also. have a lovely and blissful weekend all!
RB has been there a short time and he is still sleeping. The late Mwanawasa did not do a good job in monitoring Ministries because all these lodges were built in his time! And he took Vera who was plundering the country with her husband and gave her a ministerial position, what logic is that?
Dollar Dollar Bills !! Makes the world go round.
@shani Jamaco, abantu nabadabwa na $ going around. Ni tula twabane !
#25 Iwe bomfwile uluse ba Vera. Widow-Divorcee-Mourning Mother. All in one
Mrs maestro where the hell are you coming from to say that your husband is the only one that is truthful and real? Can you substantiate that statement because it’s insulting to other bloggers…however, you are entitled to an opinion.
#19, I think you guessed right… Too heavy and bulky indeed…lol
@28 bwino ine ndifye kuno ku Poland na EURO money. Ku Poland nakwena baladabwa nganafumya ka Euro mu pocket. Nomba ni holiday no kunwa sana daily LOL
Fantastic! What do you expect in a country were the President has taken over the job of the Finance Ministry (Mobile Hospitals) and the Cabinet ministers are “Thieves” (Mama Dorah)? At leaset this will bring a bit of transparency though the MMD will still push bills through as they are a majority.
Our President and Cabinet cannot be trusted looking at the number of corruption issues and scandals that The Post has unearthed.
Our Parliament ,yes. I thought ,and went to the small book,what did I find? So it said per day a woman says 7,000 words and a man just over2,000. It may not may be the majority speech but reason in parliament open for debate…..
I will blog until the sun -day ,no insults please.