Oxfam says the European Union (EU) should consider providing support to the Zambian Government to strengthen the Public Finance Management reforms to ensure that resources are utilized prudently.
Oxfam Country Director Dailes Judge says there are already several issues in Public finance Management and the government needs to show strong capacity to manage funds and demonstrate accountability.
Mrs. Judge says the Ministry of Finance has a lot to prove and they will therefore be committed to the Public Finance Reform Agenda.
Speaking in a telephone interview with Money FM News, she says there is need to discuss the requisite measures that should be put in place before the funds are put to use.
The organization has commend the EU for the Support to Zambia, saying that they have targeted critical and productive sectors, that have the potential to contribute to the country’s Growth
The European Union (EU), through the Southern African Development Community (SADC) Trade Related Facility, has given Zambia 800, 000 Euros to implement trade related interventions in gold mining and agro-based sectors.
The Agro-based sectors includes Aquaculture, Dairy, Pineapples and Rice.
Ministry of Commerce, Trade and Development Permanent Secretary Kayula Siame says the 800, 000 Euro funding will build on the specific activities which have been earmarked in the said intervention areas.
She says the Ministry has noted that there are several other activities that have been lined up and the Ministry will be sharing developments.