The Ministry of Finance has started preparations for the 2021 National Budget. The Ministry has also started preparations for the 2021-2023 Medium Term Expenditure Framework.
The process is being done along side the current process of revising the 202 National Budget which has gravely been impacted by the effects of Covid-19 on the domestic and international economy.
Secretary to the Treasury Fredson Yamba has since called on the general public, companies and non-state actors to make proposals on tax and non-tax policies for possible inclusion in the 2021 National Budget.
Mr. Yamba says participation of the public an various stakeholders is in the spirit of ensuring that consultations on the 2021 national budget are broadened in line with the government’s policy of streamlining taxation .
The move is also aimed at creating an enabling environment for business and employment creation , wealth generation and a sustainable future for all.
Mr. Yamba encouraged citizens and other stakeholders to follow the guidelines when making their submissions.
Among the guidelines outlined include the pitfalls of the current tax and non-tax policy regime and explain how local businesses and other development affairs are negatively impacted among other issues.
Mr. Yamba says all submissions will be considered objectively and on merit.
A considerable consultation period ending on 31st July, 2020 has been set to ensure that all citizens, including the youth, women groups, the private sector, and all other stakeholders and interest groups participate in the formulation of the 2021 Budget.
This is according to a statement sent to ZNBC News by Ministry of Finance Spokesperson Chileshe Kandeta.
All the time budget but we don’t see anything good from your budget,is it just on the paper?
MA RUBB!SH, KUWAYAWAYA FYE’!!
Lastly #P.F.KUYABEBELE!
The budget which doesn’t make sense at all. This Yamba guy is useless and is taking over from Bwalya whatever?
When did you start consulting the general public on budget issues. You have been running a bulldozer type of budget and this year you want to consult us.
After running down the economy and you want roping in the general public for your failure and accuse us of being part of your failure.
Rubbish!
Madilu system
Exactly , now they want to consult because they need begging tank from donner countries and want to look transparent after the economics of Zambia is already messed up , then after they will say The public decided
The big issue here is the economy.The ministry of finance and bank of Zambia have failed this nation.They allowed the kwacha to depreciate from 13 to 19. That is a big problem, people are have no money.No salary increment in the country despite pricing going up.It’s crazy.let bank of Zambia and ministry of finance find solution so that Kwacha appreciate to 14 or 13 before December otherwise PF will lose the elections in 2021.
They have also allowed foreign to manage the trade induustry.Everyday all these chinese in Zambia just chnage kwacha into dollas.The country can’t have money wehn 90% of traders are foreigners even barber shops and salons. Nooo this currency will be useless soon and people will revolt aganst the govt.They key is the kwacha ba Lungu.Whip the bank of Zambia and…
Preparation of a budget with no money really laughable
We already have this election in the bag. The opposition even know it. I think it’s a waste of time and money when we know that pf have won. However for the sake of democracy we will go ahead and waste money on an event of which we know the outcome
Moscow (OP): Please live with it. U hv been an uncritical supporter of wht the PF hv been doing.
The lungu grz has many ills , but worst and most daming policy that describes the lungu regime and gives media influences an insight of where the lungu regime is headed is the poilicy of……
Instead of providing jobs for the unemployed youths , lungu would rather bribe them with cash hand outs and free reign in running markets and bus stops to extort the public……in return the youths are used by PF as foot soldiers …..
PAY RETIREES AT PSPF
pay retirees at PSPF PLEASE PLEASE
Budgets are a tool for bringing order and discipline to hw money is spent. The PF does it for appearances. They spend money carelessly and they are not about to learn any lessons from past mistakes.
The sovereign bond man himself, still budgetting for the country!
POOF budgets which don’t work….better to just wait for 2021. Hon Dr Ngandu, are you still hanging in there? By now you must have found out that none of your good ideas can work with POOF.