Monday, April 28, 2025

2010 Budget Finalised

Share

The Ministry of Finance and National Planning (MoFNP) has finalized the 2010-2012 Medium Term Expenditure Frame work (MTEF).

And the MoFNP says following the constitutional amendment passed by the National Assembly early this month to change the budget circle, the 2010 budget has been finalized and will be presented to parliament on October 9, 2009.

Secretary to the Treasury Likolo Ndalamei said this in a Ministry of Finance and National Planning 2010-2012 Medium Term Expenditure frame work and the 2010 National Budget statement released to ZANIS in Lusaka today.

He said the finalization of the 2010 -2012 medium term expenditure is in line with the set polices and priority programmes enshrined in the Fifth National Development Plan (FNDP).

Mr Ndalamei says Zambia is in a hurry to attain the Millennium Development Goals (MDGs) by 2015.

Mr Ndalamei said government has since invited stakeholders to study the document and provide feed back to his ministry before the 2010 budget formulation.

He said the success of the MTEF would pave way to the implementation of the FNDP process.

Mr Ndalamei disclosed that this is in line with the Vision 2030 for government to over-arching goal for Zambia to become a prosperous middle income country.

The Secretary to the Treasury stressed that government is determined to improve the living standards of its citizens and enhance service delivery in addressing essential socio-economic infrastructure.

He however, noted that 2010 will serve as a last year of implementing FNDP before implementing the Sixth National Development Plan (SNDP) that will be launched during the course of the year, 2010 after a wide consultation has been made with relevant stakeholders.

He also called all stakeholders to participate actively in the consultation process for the Sixth National Development Plan, a consultative process that will take a period of over 12 months.

ZANIS

18 COMMENTS

  1. One year after the near collapse of the global financial system, this much is clear: The financial world as we knew it is over, and something new is rising from its ashes.

  2. If you go to w w w do radio phoenix zambia dot com , Theres an mp3 podcast tab with a recorded show ‘Let the people talk’ . This is for the people that want to listen to an on demand radio show which comes early mornings zambian time. Guests from all walks of life are always featured like michael sata, HH and others stay tuned and support

  3. With with brilliant projections and assesions like these, I would recommend that the ministry of Finance must never have a minister. It must be governed by buracrats like Ndalamei. The Man sounds to know what he is doing. He has his thoughts co-ordinated and can articulate issues. All this good work unfortunately gets revised by politicians.

  4. Generally, i think government is to big and important an institution to be left to politicians who personally i think are a bunch of nitwits!!!!

  5. According to Statutory Instrument number 52 of 2009 signed by President Banda on August 13, 2009 and published in the government gazette of August 14, 2009, the duration of the NCC had been extended by 10 months.

    The Statutory Instrument read: “In exercise of the powers contained in section twenty-two of the National Constitutional Conference Act, 2007, the following Order is hereby made: 1. This order may be cited as the National Constitutional Conference (extension of duration of conference) order, 2009. 2 In this order, unless the context otherwise requires – “conference” has the meaning assigned to it in the Act. 3 The duration of the conference is hereby extended for a further period of ten months from the date of expiry of the period specified in

  6. section twenty-two of the Act: provided that the period of ten months shall not include public holidays and the time during which the National Assembly is sitting. Lusaka 13th August, 2009 [MOJ/SI/86/316] Rupiah B. Banda President”.

    On Monday September 7, 2009, President Banda said the NCC had remained with four months to conclude its work on the new constitution contrary to NCC chairman Chifumu Banda’s announcement that he [President Banda] had approved the extension of their duration by 10 months.

    “Although I have been travelling of late but I saw a report where it was alleged that I had given 10 extra months for this [NCC], it’s not true. It’s only four months by now left to complete the work,” President Banda said.

    On September 1, 2009, NCC chairperson Chifumu Banda,…

  7. in section twenty-two of the Act: provided that the period of ten months shall not include public holidays and the time during which the National Assembly is sitting. Lusaka 13th August, 2009 [MOJ/SI/86/316] Rupiah B. Banda President”.

    On Monday September 7, 2009, President Banda said the NCC had remained with four months to conclude its work on the new constitution contrary to NCC chairman Chifumu Banda’s announcement that he [President Banda] had approved the extension of their duration by 10 months.

    “Although I have been travelling of late but I saw a report where it was alleged that I had given 10 extra months for this [NCC], it’s not true. It’s only four months by now left to complete the work,” President Banda said.

    On September 1, 2009, NCC chairperson Chifumu Banda,…

  8. who quoted the Statutory Instrument signed by President Banda, announced that the head of state had approved the extension of the life of the NCC.

    “I am pleased to inform you all that on 14th August, 2009, the President of the Republic of Zambia, His Excellency Rupiah Banda in accordance with section 22 of the NCC Act extended the duration of the NCC by 10 months,” announced Chifumu Banda during the opening of the NCC sitting in Lusaka.

    Vice-President George Kunda, who is also justice minister, was nodding his head when President Banda was disputing the extension of the duration of the NCC.

    However, Vice-President Kunda was present during NCC deliberations when Chifumu Banda announced that President Banda had extended the period of the NCC by 10 months.

  9. Observer, haven’t you observed that head nigga in charge is a lying preak… get used to and find a better guy with the rest of us.

  10. observer, spare us the copy paste from post newspaper, u are violating copyrite rules…One Teta down, let us down rupiah and his useless govt come 2011. We would welcome the act of God or fyakuifwaila accelerators like Teta.

  11. Suntwe, seriously bitter ayi? I dont blame you…. too much amazingly deep crap going. the political arena is like a drama stage…

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading