We hope that you will find it insightful, and look forward to your. External resources contributed heavily and have remained. This manual, supported by the school of the built environment at copperbelt university and the institute for housing and urban development studies, the netherlands, aims to bring together various. Table 2 distribution of fiscal reserves at 31 march 2016 17. Neither ey zambia nor any other member of the global ey organization. Zambia particularly in the field of gemstone and industrial mineral, which offer great potential. Zambian are therefore called to focus our priorities towards building the zambia we want. Pdf a manual for local government financial management in. On 9 october 2015, the budget for 2016 was presented to the national assembly by the minister of finance. The availability of budget documents contains a series of four tables that allow the researcher to examine and map the public availability and dissemination of its countrys key budget documents i. Nov 24, 2015 2015 budget speech pdf zambia revenue authority oct 10, 2014. Zambia country operational plan cop 2016 strategic direction summary april 14, 2016. Zambia plans to halve budget deficit in 2016 the standard. Agriculture, fishery and forestry, which account for 20 per cent of zambian gdp, shrunk by 2.
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. This implies that civic or citizen engagement is an. The seventh national development plan 7ndp for the period 2017 2021 is the successor to the revised sixth national development plan, 20 2016 r. The 2020 national budget aims, in the face of the catalogued challenges that the country is going through, to stimulate the domestic economy. 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 december 2010. Budget final 201820192020 copy of budgetfinalversion181920.
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. This page provides zambia government budget actual values, historical data, forecast, chart. Revised 92515 belmont university academic year 20162017 fall semester 2016 jul 2016 august 2016 sep 2016 sun mon tue wed thu fri sat. Zambia country operational plan cop 2016 strategic. Sichembe acting secretary to the treasury ministry of finance. Speaker, allow me now to provide an outline of my budget presentation. According to the 20 demographic and health survey dhs released on march 30, 2015. Compared to many other southern african countries, zambia has relatively abundant land and water. The wage freeze is addresses as well as the mining tax regime changes. In part one, i will highlight the global and domestic economic developments in 2019. This, mr speaker sir, will build on the gains realised so far in.
Eu observers commended the zambian people for conducting peaceful elections and deemed the election process free and transparent despite some delays. Appendix b budget profile and resource projections. Namibia, and south africa joined their zambian counterparts in lusaka for a massive public demonstration against the austerity measures imposed by multilateral lending institutions. Zambia recorded a government budget deficit equal to 7. Zambias constitution of 1991 with amendments through 2016. This pwc budget bulletin summarises the governments key proposals for 2019. 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. Commenting on the 2016 budget, deloitte said it is not clear from data provided in the 2016 budget speech whether government will reduce growth in consumption expenditure, particularly whether it. The zambia revenue authority has published the 2012 budget address online.
The national annual budget is a document containing various government activities or work programmes expressed in monetary form. 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. Public and private funding of basic education in zambia. Ministry of finance and 2020 national budget source. The aim of this budget brief is to improve awareness and understanding of allocations to social sectorshealth, education, water and sanitation and social protectionin the 2016 zambia national budget. Senior finance and budget advisor job announcement no. Lusaka was under the shadow of darkness due to persistent power cuts that continue to bring the nation to standstill. Further, there were overruns on agriculture subsidies and election. Chinamasa, mp minister of finance and economic development distributed by eritas 1 email.
This is an analysis of the 2015 zambian budget including breakdown of allocations to sectors including health, agriculture, infrastructure development and many more. Weathering the storm zambias 2016 national budget pwc analysis and outlook commentary mining sector and on the economy as a whole. Copy of budgetfinalversion181920 episcopal diocese of. The seventh national development plan 7ndp for the period 2017 2021 is the successor to the revised sixth national development plan, 202016 r. Jan 29, 2008 zambia budget 2008 the finance minister, mr magande delivered the 2008 national budget on friday, apparently under emergence power from a generator. Fiscal consolidation the minister noted that in light of challenging economic conditions fiscal consolidation to safeguard our past achievements and secure a prosperous future for all would be the theme of the 2016 budget. In 2016, government revenue fell short of the ambitious revenue target under the budget by 7. Zambia budget 2016 beat the odds 5 budget deficit to widen to 6. Budget formulation and implementation in zambia free essay. Between 2006 and 20, government health expenditure as a percentage of total health expenditure the increased from 38% to 58%. Pdf 2015 zambia budget analysis kampamba shula academia.
The printing was completed on 20 july 2016 and the ballots were transported to zambia on 28 july 2016. Ngandu, in his maiden budget presentation informed the nation that the 2020 budget would continue to propagate the objectives of the seventh national. It is not intended to be a substitute for detailed research or the exercise of professional judgement. The zambian air force were responsible for distributing the ballots across the country.
Expenditure pressures in 2016 included unbudgeted spending on electricity and fuel subsidies and higher than expected interest payments. Details of the budget, which unless otherwise indicated will apply from 1 january 2016, are summarized below. Mission provides equal opportunity and fair and equitable treatment in employment to all people without regard to race, color, religion, sex, national origin, age, disability, political affiliation, marital status, or sexual orientation. The ministry of finance mof has started preparations for the 2016 national budget and the 20162018 medium term expenditure framework. Dec 11, 2015 2015 budget speech pdf zambia revenue authority. Zambia to reduce government budget deficit by 33% in 2016 october 6, 2015 zambias government has recently announced that it plans to trim its budget deficit for the year 2016 to an average of 5. Headline messages as a share of the overall budget, the 2016 allocation for the education sector is the lowest in. Mutati has also said the government is in the process of finalising consultations and blending of some budget proposals from institutions and individuals with the governments vision for development.
However, the eu commission accused state media of being unbalanced in its report. Lusaka zambias government plans to almost halve the budget deficit next year, a target it may struggle to meet as it boosts spending by 14%. The 2018 budget seeks to implement a number of measures. The zambian economist is a private website produced and maintained in my own time, and reflects solely my personal opinions. Pdf a manual for local government financial management. Zambia national education coalition zanec executive director grace manyonga said the sector had been allocated a total of k9,143,215,926 17. Reduced 2016 education budget disappoints the zambia. Mutati, mp minister of finance delivered to the national assembly on friday, 11th november, 2016 1. In recent years, zambia has aimed to expand provision of health services through the public sector. Obb outputbased budget ophi oxford poverty and human development initiative. A health budget, typically included in the general government budget, is more than a simple. As at endseptember, 20, inflation remained above target at 7 percent, following inflationary pressures largely associated with the removal of fuel and maize subsidies.
On this page you can read or download 2016 zambian grade 12 syllabus in pdf format. 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 2012 to. Oct 14, 2015 and deloitte says despite 45% depreciation in the kwacha, the government intends in its 2016 budget to increase foreign financing borrowing by 92% on 2015 levels to k7. Zambia to reduce government budget deficit by 33% in 2016. Budgeting is related to the process of defining the allocation of resources to produce the best outputs given the level of revenues. The senior finance and budget advisor is responsible for. What problems would the minister of finance encounter in the process of budget formulation and implementation in zambia. 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 2017 to 31st december 2017, presented to. Statements published on the zambian economist do not represent the views or policies of employers, friends, family, past or present, or anyone i may or may not be associated with. But finance minister alexander chikwanda concealed this fact in the following words focus on accessing external financing with lower interest rates and. Sir, in 20, monetary policy focused on achieving an endyear inflation of 6 percent. Alexander chikwanda mp, minister of finance and national planning delivered to the national assembly on 9th october 2016. Government has undertaken shortterm measures to address the problem, including importing emergency power from abroad, but admits that this is not a sustainable solution. Seventh national development plan 20172021 i foreword zambia remains committed to the socioeconomic development planning of the country as reflected by the return to development planning in 2005.
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. 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. Senior finance and budget advisor, aid01816 equal employment opportunity. However, concerns with respect to the transport and distribution of the ballot papers then arose. Senior finance and budget advisor fsn12 opening date. Government budget in zambia averaged 3 percent of gdp from 1998 until 2019, reaching an all time high of 18. 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. It is based on the information available at the time it. Ministry of finance, and 2020 national budget actual projectedforecast gdp growth of 2% is projected for 2019 compared to initial forecast of 4%.