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Friday, 21 June 2013

First Quarter Budget Performance

Government has now commenced publication of treasury briefs which are aimed at providing more information to the public on the implementation of the annual budget. Below are the main highlights. It seems rather brief and does not really give a detailed enough picture to monitor and evaluate where the money is going. One hopes Government will do more than this in the future. At the very least we need to know ministry by ministry. It would also be good to see forecasts on where new commitments outside the Budget are likely to place spending in general e.g. what does the rampant bye-elections and huge commitments on civil service pay award mean for the fiscal position going forward? This is what people want to know not opaque summaries.

Chola Mukanga | Economist | Writer
Copyright © Zambian Economist 2013

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