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Finance and National Planning Minister Dr SITUMBEKO MUSOKOTWANE is pleased with the positive performance trajectory of the 2023 budget.
Dr MUSOKOTWANE says the budget has seen the sustained financing of social sectors and meeting of several budget obligations for the current year.
Dr. MUSOKOTWANE said this in reference to the June, 2023, budget expenditure in which K10.9 billion was released to finance public service delivery and developmental programmes.
This is according to a statement released to ZNBC News by the Office of the Secretary to Treasury at the Ministry of Finance and National Planning.
Of the amount released, K4.9 billion was spent on servicing domestic and external debt and arrears, while K3.7 billion was released for the public service wage bill.
Additionally, K673.5m was released for transfers, subsidies and social benefits.
The Treasury also released K1.3m for implementation of various government programmes and general operations, while 407.6 Million Kwacha was spent on road infrastructure.
Meanwhile, Dr. MUSOKOTWANE has encouraged citizens and other stakeholders to continue complimenting government’s efforts in monitoring the implementation of developmental programmes and projects in respective localities.
He also disclosed that the 2024-2026 Medium-Term-Expenditure-Framework Green Paper will be published within the next one week for public review, analysis and feedback.
Dr. MUSOKOTWANE says this is before the government progresses to finalize the 2024 National Budget which will be presented to the National Assembly in September, 2023.
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