OVER K13 billion has been allocated to boost national development with K4.9 billion for debts, K4.8 billion on public servant salaries and k1.1 billion on transfers, subsidies and social programmes.
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This substantial funding, released last month is expected to drive processes in crucial sectors, ultimately leading to improved living standard and economic prosperity for the country.
Additionally, Minister of Finance and National Planning Situmbeko Musokotwane stated that K1.5 billion was allocated to support key projects like geological mapping to better manage resources.
Meanwhile, K740 million is set aside for capital spending, driving development through infrastructure improvements and other vital investments.
Dr Musokotwane highlighted government’s dedication to improving citizens’ lives through consistent funding disbursements.
He stated that under President Hakainde Hichilema’s guidance, Zambia aims for a prosperous future by prioritising transparency, inclusivity and resilience.
“Zambia’s budget is not just a paper promise, it is a living tool for development. For the ordinary citizen, every timely release means enhancement of livelihood, protection of the vulnerable, jobs for households, and infrastructure that lifts communities. No one is being left behind,” Dr Musokotwane said.
“For the business community, consistent funding signals stability, credibility, and confidence. It assures the private sector that the environment for growth, innovation, and investment is stable and strengthening. For investors and development partners, this consistency is the hallmark of a Government that is serious about reforms, accountability, and long-term transformation.”
He added that each kwacha released dismantles arrears, sustains macroeconomic stability, and creates the certainty needed to attract capital and support.
“Budget credibility is about action, not promises. Every kwacha released is a step towards restoring confidence, protecting livelihoods, and building the Zambia we aspire to,” he stated.
“This New Dawn Administration is a Government in action, where fiscal discipline meets social protection, and where promises are translated into progress in communities.”
By Sharon Zulu
Kalemba September 8, 2025
