2022 Budget Highlights -Zambia
Zambia National Budget - 2022
Key points of the 2021 National Budget as presented by the Minister of Finance, Situmbeko Musokotwane
Growth, jobs and taking development closer to the people
The 2022 Budget aims to be the first step towards achieving the vision of transforming the economy and will be actualized by providing incentives to support higher output and production of a wider range of products, with a focus on exports to regional and international markets. The increased output and production is expected to create employment opportunities and improve the livelihoods for the people of Zambia. In addition to Government’s aim to create a minimum of 44,000 jobs in 2022 through the recruitment of teachers and healthcare personnel, employment is planned to be created by the private sector through initiatives set out in the budget around mining, multi- facility economic zones and farming blocks.
Through this Budget, the Government expects to increase support to the social sectors and social protection programmes with resources being taken closer to the people to improve service delivery and involve citizens in decision-making. To this end, the Government has significantly increased the Constituency Development Fund (CDF) from ZMW 1.6 million to ZMW 25.7 million.
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