2016 zambian national budget pdf

Government budget in zambia averaged 3 percent of gdp from 1998 until 2019, reaching an all time high of 18. Indaba agricultural policy research institute, lusaka, zambia. Official budget of a nation that it typically drafted by a treasury department of some sort and voted on by a legislative body. Further, there were overruns on agriculture subsidies and election. 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.

Speaker, allow me now to provide an outline of my budget presentation. Review of 2016 social sector budget allocations unite for children. Weathering the storm zambias 2016 national budget pwc analysis and outlook commentary mining sector and on the economy as a whole. Details of the budget, which unless otherwise indicated will apply from 1 january 2016, are summarized below. The current account balance has been revised up for a number of reasons, including lower imports in line. National budgets are examined carefully to determine how it will affect the countrys budget surplus or deficit. Agriculture, fishery and forestry, which account for 20 per cent of zambian gdp, shrunk by 2. Revised sixth national development plan 202016 zambia.

Senior finance and budget advisor fsn12 opening date. A constitutional referendum was held alongside the elections, with proposals to amend the bill of rights and article 79 president edgar lungu, previously elected in january 2015 to finish the term of michael sata, who died in office, was reelected to a full fiveyear term when he scored. Republic of zambia 2018 budget address by the minister of. Contents 2 2016 budget commentary 6 2016 sectoral impact 14. 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. Currently, 63% of people living with hiv plhiv are on art. Weathering the storm zambia s 2016 national budget pwc analysis and outlook commentary turbulent times it has been a testing 12 months for government in what may in retrospect be described as an annus horribilis for zambia. With zambias growing debt obligations making headlines in 2018, it is not surprising that the central. Three days later, kpmg zambia hosted the third annual budget discussion breakfast at hotel intercontinental in lusaka. This green paper provides an opportunity for government to consult stakeholders on the course of action with regard to zambias development agenda. Pdf 2015 zambia budget analysis kampamba shula academia. This page provides zambia government budget actual values, historical data, forecast, chart.

National development plan which was released in june 2017. In part one, i will highlight the global and domestic economic developments in 2019. This pwc budget bulletin summarises the governments key proposals for 2019. 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. Details of the budget, which unless noted will apply from 1 january 2016, are summarized below. The zambian national budget formulation and implementation process passes through four stages namely drafting,enactment or authorization,implementation and auditing. Learning from renowned governance indices to inform the gdi. We hope that you will find it insightful, and look forward to your. 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. 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. Reduced 2016 education budget disappoints the zambia national. The national program retained 86% of those on treatment for at least 12 months during the last fiscal year fy.

Sir, to further improve the quality of health care and reduce referrals. Mutati mp, minister of finance delivered to the national assembly on 11th november 2016. This implies that civic or citizen engagement is an. Between 2015 and 2016, zambia s national budget has grown in absolute terms by zmw 6. Government has undertaken shortterm measures to address the problem, including importing emergency power from abroad, but admits that this is not a sustainable solution. Staff forecasts higher budget deficits in the medium term, given looser fiscal policy in 201415 than assumed at the time of the 20 dsa. The senior finance and budget advisor is responsible for. The seventh national development plan 7ndp for the period 2017 2021 is the successor to the revised sixth national development plan, 202016 rsndp following its expiry in december 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. In line with the seventh national development plan 7ndp, the 20192021 mtef aims at accelerating development efforts towards vision 2030 without leaving anyone behind. Zambia budget 2016 beat the odds 5 budget deficit to widen to 6. It is based on the information available at the time it. 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. Budget formulation and implementation in zambia free essay. These include increasing the revenue base to drive sustained inclusive growth and reduce the national debt burden. Zambias constitution of 1991 with amendments through 2016. Budget support was especially effective in sectors and situations where there. 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. 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.

Directorate of disease surveillance, control and research. 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. Zambian annual budget discussion breakfast blog kpmg africa. Compared to many other southern african countries, zambia has relatively abundant land and water. Zambia country operational plan cop 2016 strategic. On 9 october 2015, zambia s minister of finance presented the budget for 2016 the budget to the parliament.

The plan, like the three national development plans. The 2016 national budget set an ambitious target for nontax revenue. 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. The zambian economist is a private website produced and maintained in my own time, and reflects solely my personal opinions. The government gets money from taxes and fees, and spends it on things like national defense, infrastructure, grants for research, education, and the. Among the challenges faced by the public service pension system include delayed payment of pensions, low benefit size, outdated legislation and nonindexation of pension benefits. The national agriculture policy nap 20042015 was developed to guide the development of the agriculture sector. Tapping into the potential of the zambian diaspora.

Zambian strategic plan 202016 noncommunicable diseases. The ministry of finance mof has started preparations for the 2016 national budget and the 20162018 medium term expenditure framework. The tone for the 2016 national budget has been set and the stakeholders, at least, know what to expect come october 2015. It is based on the information available at the time it was completed on may 5, 2015. Budget for 2016 details on 9 october 2015, the budget for 2016 was presented to the national assembly by the minister of finance. Tapping into the potential of the zambian diaspora what is a national constitution infographic 2016 zambia national budget 2019 infographic. Senior finance and budget advisor job announcement no. 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. As we came to the end of the period 20042015, it became imperative to develop a second national agricultural policy to guide the agricultural sector over the next period. The seventh national development plan 7ndp for the period 2017 2021 is the successor to the revised sixth national development plan, 20 2016 r. I have endovoured to labour on the problems the minister of finance encounters in the formulation and implementation of the budgeting process. In 2016, government revenue fell short of the ambitious revenue target under the budget by 7. This is an analysis of the 2015 zambian budget including breakdown of allocations to sectors including health, agriculture, infrastructure development and many more.

The aim of this budget brief is to improve awareness and. Nov 27, 2015 2015 budget speech pdf zambia revenue authority. Zambia recorded a government budget deficit equal to 7. The wage freeze is addresses as well as the mining tax regime changes. A needs assessment has been conducted, to establish the status and the gaps. The 2016 national budget is an important undertaking for the current government administration in more ways than one. Zambian finance minister, alexander chikwanda presented the national budget on 10 october 2014. Zambia particularly in the field of gemstone and industrial mineral, which offer great potential. Zambias finance minister alexander chikwanda unveiled on friday the 2016 budget with the.

Zambian are therefore called to focus our priorities towards building the zambia we want. 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. The 2016 national budget was presented by the honourable. This has also affected budget implementation in 2016.

Ministry of finance and 2020 national budget source. Zambia national education coalition zanec executive director grace manyonga said the sector had been allocated a total of k9,143,215,926 17. In these hardest of times, many countries are fighting the global pandemic that has so far claimed four in zimbabwe and thousands beyond its borders. Expenditure pressures in 2016 included unbudgeted spending on electricity and fuel subsidies and higher than expected interest payments. Commentary mining sector and on the economy as a whole. Delivered to the national assembly on friday, 29th september, 2017. Detailed data regarding the cascade of hiv diagnosis, care and treatment is presented in table 1. General elections were held in zambia on 11 august 2016 to elect the president and national assembly. Ministry of finance, and 2020 national budget actual projectedforecast gdp growth of 2% is projected for 2019 compared to initial forecast of 4%. This act may be cited as the constitution of zambia amendment act, 2015, and shall be read as one with the constitution of zambia, in thisact referred to as the constitution. 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.