2014 zambia national budget pdf

Oct 20, 2014 zambian finance minister, alexander chikwanda presented the national budget on 10 october 2014. Some of this information is unaudited or subject to revision. Nov 26, 2019 the statistic shows zambia s budget balance in relation to gdp between 2014 and 2017, with projections up until 2024. National development plan which was released in june 2017. The 2020 budget theme focusing national priorities towards stimulating the domestic economy is clearly aimed at dealing with zambia s declining economic performance. And so although the great waves of financial turbulence and the slow growth. Zambia is rich in agricultural land zambia is blessed with massive water resources zambia has copper, oil and other minerals zambia has worldclass nature parks. The 2003 study uses a child rights framework to analyse zambia s budget allocations and expenditures on programmes. The world bank is one of nine cooperating partners providing direct budget support to the government of zambia. Budget, i wish to emphasize that zambia is and will remain a christian nation whose values, principles and ethics in all aspects of life are anchored on our covenant with god. Gdp growth over the period of the fndp has averaged 6. 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. This page provides zambia government budget actual values, historical data, forecast, chart. Curtailing spending as part of these austerity measures, hon.

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. Zambia in its quest to enhance transparency, accountability, citizenry. The higher education finance commission, initially proposed by governor patrick in his fy budget proposal and established by the state legislature in fy 14, has identified several key issues that the commonwealth must resolve in order to ensure excellence, access, and affordability for every citizen in our state. Government has undertaken shortterm measures to address the problem, including importing emergency power from abroad, but admits that this is not a sustainable solution. Zambia recorded a government budget deficit equal to 7. This is an analysis of the 2015 zambian budget including breakdown of allocations to sectors including health, agriculture, infrastructure development and many more. 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. How much money is allocated to primary health care within the. These include increasing the revenue base to drive sustained inclusive growth and reduce the national debt burden.

This page provides zambia government budget actual values. Oct 11, 20 finance minister alexander chikwanda delivered the budget statement 2014 today. The budget briefing note provides an assessment of the 2014 15 national botswana budget allocations presented to the parliament. Madam speaker, i have the honour this afternoon to present to the national assembly budget proposals for the financial year 20162017. But as always, i thought it was more important getting it across to you speedily. A positive value indicates a budget surplus, a negative value indicates a deficit. Zambias risk of debt distress from high to moderate in the medium term. 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 drudgery of hauling water leads to loss of productivity and leisure time and the lack of toilets negatively impacts their dignity.

The wage freeze is addresses as well as the mining tax regime changes. The 2019 budget will seek to gradually condense the fiscal deficit, maintain a sustainable debt position and safeguard the vulnerable in society. It is based on the information available at the time it was completed on may 5, 2015. 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. Mutati mp, minister of finance delivered to the national assembly on 11th november 2016. 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. Between 2011 and 2014, zambia experienced strong economic growth at a rate of c. Agricultural export registered a total usd 730 million earnings, accounting for 19 percent of total.

Zambia s risk of debt distress from high to moderate in the medium term. Three days later, kpmg zambia hosted the third annual budget discussion breakfast at hotel intercontinental in lusaka. 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. Speaker, zambias domestic debt including arrears as at endseptember 2014 stood at k21. Division of revenue the constitution requires a division of nationally raised resources between national, provincial and local government. I am asking for consent to table the following documents.

Zambian annual budget discussion breakfast blog kpmg africa. This implies that civic or citizen engagement is an ongoing process that requires continuous participation. Zambia is experiencing a large demographic shift and is one of the youngest countries globally by median age. Communications directorate national treasury private bag x115 pretoria 0001 south africa tel. The firm is one of the longestestablished auditing, advisory and tax firms in the region offering an unrivalled pool of specialists in. Click here to download the complete set of the 2014 15 budget for offline reading. Headlines 2012 full budget address speech by finance minster alexander chikwanda.

Different decisions are made by different people at each step of the budget process. Great work by the way from the zambia revenue authority who have also got. Final approved national planning and budgeting policy. 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. Budget support contributes towards the funding of governments poverty reduction strategy as reflected in the fifth national development plan. Mutati, mp minister of finance delivered to the national assembly on friday, 29th september, 2017 1. Girls and women are particularly affected by poor wash conditions. With support from project africa in the form of cnbc africa coverage the breakfast took on a new format with kpmg partners and. 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. I have the honour of tabling our governments budget for fiscal year 202014, the budget that restores balance. Great work by the way from the zambia revenue authority who have also got it on their website in record time. Cas, 2011 with a yearly budget not exceeding 1 percent of government spending. The mandate of the ministry of general education moge is to formulate and implement education and science policies, set and enforce standards and regulations, licence, supervise and provide education and skills development, as well as promote science, technology and innovation education. Speaker, i beg to move that the house do now resolve into committee of supply on the.

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. 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. 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. To obtain additional copies of this document, please contact. 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. Speaker, i beg to move that the house do now resolve into committee of supply on the estimates of revenue and. Building on last years theme, the 2014 budget reflects the governments intention to consolidate growth and. You need to monitor the people and processes that have an impact on the development problem that you want to address and. Government budget in zambia averaged 3 percent of gdp from 1998 until 2019, reaching an all time high of 18. Zambia budget balance in relation to gdp 20142024 statista. The finance minister, situmbeko musokotwane mp delivered the budget statement today. Over the mtef period ahead, national department allocations total 47. These values will always be mainstreamed in our policies and national development plans to guide our attitudes and aspirations. Finance minister alexander chikwanda delivered the budget statement 2014 today.

Student assessment system in zambia national assessments. The national annual budget is a document containing various government activities or work programmes expressed in monetary form. 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. What problems would the minister of finance encounter in the process of budget formulation and implementation in zambia. 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. Chikwanda, mp minister of finance, delivered to the national assembly on friday. 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. Formal analysis to follow, but on a quick read this appears to be a pretty disappointing budget. Chikwanda to present 2015 national budget on october 10th, 2014. Within the context of ghanas constitutional requirements, its development frameworks as. 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.

Pdf 2015 zambia budget analysis kampamba shula academia. The zambian agriculture sector comprises crops, livestock and fisheries. Oct 12, 2012 minister of finance alexander chikwanda today announced a k32. 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. 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 20 to 31st december. 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. This is done through the division of revenue bill, which is tabled with the national budget. 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.

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. 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. I have the honour of tabling our governments budget for fiscal year 20 2014, the budget that restores balance. Oifig dhiolta foilseachan rialtais, teach sun alliance, sraid theach laighean, baile atha cliath 2, no trid an bpost o. The national planning and budgeting policy is as a result of a. Zambia is expected to continue experiencing significant population. Weathering the storm zambia s 2016 national budget pwc analysis and outlook commentary mining sector and on the economy as a whole.