• On average, prices of goods and services increased by 12.0 percent between September 2022 and September 2023.• This was mainly due to price movements
• The country has more demand for dollars to support importation of various goods and services like fertilizer and fuel.• Zambia is not producing enough
• 2024 Estimates of Revenue and Expenditure have been prepared in accordance with the Budget Policy Concept Paper.• Cabinet also approved the declaration of critical
• Declaring certain minerals as strategic reserves will mean that they cannot be sold anyhow.• Government will be having some strategic reserves from the exchange
• Tax revenue mobilization is of paramount importance to Zambia’s budget financing.• The first half of 2023 has been characterized by unmet tax revenue targets.•