• Successful implementation of the 2022 budget will require consistency
• Government must expedite domestic resource mobilization.
• On 29th October 2021, Minister of Finance Dr. Situmbeko Musokotwane unveiled a K172.9 billion budget for 2022.

Policy Monitoring and Research Centre (PMRC) says successful implementation of the 2022 budget will require consistency in the demonstrated goodwill towards budget execution.
Organization Executive Director told Money FM News in a statement that implementation of the financial plan will also need Government to expedite domestic resource mobilization, engage cooperating and development partners for supplementary funding to key economic sectors such as Agriculture and Tourism.
Mrs. Zulu noted that next year’s budget presents an opportunity for economic transformation, while restoring growth and development in the economy.
“It has also demonstrated amplified efforts towards reducing developmental inequalities by increasing the Constituency Development Fund (CDF) from K1.6 million to K25.7 million per constituency, which entails the taking of resources to the grassroots, which is very commendable.”
“However for this to be achieved, it will require a paradigm shift in the mind-set of all stakeholders, in order to deliver development through economic growth, job creation and good governance,” Mrs. Zulu said.
She further observed that the budget was delivered in an environment characterized by anxiety and high expectations.
“It is a budget set to put into motion the plans and aspiration of the New Dawn Government to lift the economy out of the pandemic induced slump, resolve the fiscal deficit and ease the debt burden,” she stated.
On 29th October 2021, Minister of Finance and National Planning Dr. Situmbeko Musokotwane unveiled a K172.9 billion national budget for 2022, whose theme is “Growth, Jobs and Taking Development Closer to the People.”