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. Zambia plans to narrow its budget deficit next year as africas secondbiggest copper producer prepares to start negotiations with the international monetary fund over an aid package. Dec 07, 2017 zimbabwe 2018 national budget statement pdf download posted thu 07 dec 2017 thu 07 dec 2017 by l. The only surprise is that alexander chikwanda has continued his overly optimistic forecasts of the fiscal deficit. What problems would the minister of finance encounter in the process of budget formulation and implementation in zambia. This, mr speaker sir, will build on the gains realised so far in the reengagement process, also under the auspices of our staff monitored programme with the imf. Mutati, mp minister of finance delivered to the national assembly on friday, 11th november, 2016 1. Alexander chikwanda mp, minister of finance and national planning delivered to the national assembly on 9th october 2016.
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. It also includes our initial comments and analysis of the budget proposals, which were presented by the minister of finance, honourable margaret mwanakatwe mp to parliament on 28 september 2018. Republic of zambia 2018 budget address the mast online. It also includes our initial comments and analysis of the budget proposals, which were presented by minister of finance, honourable felix c. The 2018 budget seeks to implement a number of measures aimed at increasing the tax base. Zambia budget 2016 beat the odds 5 budget deficit to widen to 6. Chinamasa, mp minister of finance and economic development distributed by eritas 1 email. It is not intended to be a substitute for detailed research or the exercise of professional judgement.
This implies that civic or citizen engagement is an ongoing process that requires continuous participation. Finance minister alexander chikwanda delivered the budget statement 2016 on friday. Budget for 2016 details on 9 october 2015, the budget for 2016 was presented to the national assembly by the minister of finance. Links to pdf versions of the 2016 budget and related information, including several fact sheets. The national annual budget is a document containing various government activities or work programmes expressed in monetary form. Part i gives an overview of the global developments and their impact on the domestic economy. Zambia legal framework for transparency the legal framework regulating the budget system in zambia derives mainly from the 1996 constitution, supported by a number of additional laws and regulations. The theme is accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind in line with the countrys seventh national development plan. This is essentially the pf plan for reelection as this will be last budget outline before the elections in 2016 actual budget due next month. Now, we must again use this remarkable national capability to energetically and. Details of the budget, which unless otherwise indicated will apply from 1 january 2016, are summarized below. Public and private funding of basic education in zambia.
With budget 2016, the government seeks to restore the confidence that has been missing for too. Alexander chikwanda mp, minister of finance and national planning delivered to the national assembly on 9th. However a comparison of the 2015 and 2016 budget allocations sheds some light on key areas in which budget expenditure has been cut or is expected to increase. Government will continue prioritizing procurement and distribution of resources necessary for health services to be fully functional. We hope that you will find it insightful, and look forward to your. The budget is focused on consolidating gains made in the past year of promoting fiscal fitness and anchoring the five strategic pillars outlined in the seventh national development plan. Thus, the 20 national budget must play its part in prioritising the development aspirations of the people of zimbabwe, clearly articulated during this year. 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. We agree, and indeed these are central priorities of the national development plan. Budget 2016 is the beginning of a journey towards sg100.
This pwc budget bulletin summarises the governments key proposals for 2019. The 2018 national budget statement presented before parliament today by the finance. How 2016 economic challenges affect the national budget. Neither ey zambia nor any other member of the global ey organization. Zimbabwe 2018 national budget statement pdf download posted thu 07 dec 2017 thu 07 dec 2017 by l. Debate on the budget forms part of this session and i have the honour to open this debate. As points of departure for the 2016 budget, honourable. This page provides zambia government budget actual values, historical data, forecast, chart, statistics, economic calendar and news. Statement on the 2009 budget presented to the parliament of. Table 2 presidents malaria initiative zambia fy 2016 budget revised 28 november 2016 proposed activity.
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, 2016 to. The amendment is intended to align the date for submitting final returns to the current fiscal budget year, that is, 1st january to 31st december. Estimate of receipts and expenditure for year ending 31 dec2016. The 2017 national budget statement pushing production frontiers across all sectors of the economy presented to the parliament of zimbabwe on 8 december, 2016 by hon. Zimbabwe 2018 national budget statement pdf download. The 2016 national budget statement building a conducive environment that attracts foreign direct investment presented to the parliament of zimbabwe on 26 november, 2015 by hon. A fairly boring budget with nothing new really, which is as expected given the chaotic fiscal and monetary situation zambia has found itself in.
Reform to perform zambias 2018 national budget september 2017 welcome this pwc budget bulletin summarises the governments key proposals for 2018. Grant thornton zambia budget bulletin 2016 2 2016 budget commentary the 2016 national budget was presented by the honourable minister of finance to the national assembly on 9 october 2015. It is not clear from the 2016 budget speech, which expenditure items constitute the noncore recurrent allocations that have been reduced by more than 50%. In general, the framework assigns clear authority, timelines and procedures for the budget process. Mr speaker sir, from dotito to chendambuya, insiza to bubi. The 2018 national budget statement presented before. The theme of the 2016 budget is fiscal consolidation to safeguard our past achievements and secure a prosperous future for all. Refileupdate 2zambia to cut budget deficit, sees higher. Swazilands national budget speech 20162017 growth for all with all through optimising, innovating, boosting domestic revenue and spending efficiently minister of finance, martin dlamini, budget speech 20162017 the minister of finance tabled the e 20.
Budget speech 2010 2 on matters of concern to all of us building a better south africa for our children and grandchildren. Sep 02, 2015 zambia mtef 2016 18 and 2016 budget the government has released the medium term expenditure framework mtef for 2016 2018 and the outline for the 2016 budget. Mutati, mp accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind. Building resilience and unlocking potential zambias 2017 national budget pwc analysis and outlook commentary government has been funding the current energy shortage by importing emergency power at a significant cost. Government budget in zambia averaged 3 percent of gdp from 1998 until 2019, reaching an all time high of 18. The theme for this years budget is restoring fiscal fitness for sustained inclusive growth and development.