• Total domestic revenue collections amounted to K6.2 billion.
• K4.8 billion came from taxes.
• K1.4 billion from non-tax revenues.

Secretary to the Treasury has disclosed that the country’s total domestic revenue collections in February 2022 amounted to K6.2 billion, out of which K4.8 billion was from taxes and K1.4 billion from non-tax revenues.
In a statement, Felix Nkulukusa said during the month under review, Government released K11.1 billion to finance developmental programs and public service operations, stating that the difference between revenues and expenditures was financed from domestic financing and International Monetary Fund (IMF) Special Drawing Rights (SDR) allocation.
Mr. Nkulukusa explained that with regards to revenue performance, income tax collections amounted to K2.6 billion, mainly driven by the positive performance in Company Tax.
“Payment of arrears by both mining and non-mining companies led to the over performance in income tax, whereby Mining-tax-collections amounted to K349 million. This performance was boosted by payment of arrears by Chambishi Copper Smelter and Maamba Collieries Limited and non-mining-tax-collections amounted to K268 million. The performance was boosted by the payment of arrears by Ndola Energy Company Limited and the offsets done against VAT refunds.”
“Value Added Tax (VAT) collections amounted to K1.3 billion of which Domestic VAT accounted for K317.3 million and import VAT K1.0 billion. In terms of customs and excise duty, K762.3 million was collected – with receipts predominantly from fuel levy, carbon levy, electricity levy and cement levy. Non-tax revenues such as user fees and fines, charges, and mineral royalty contributed a total of K1.4 billion to the revenue basket for February, 2022,” Mr. Nkulukusa disclosed.
Mr. Nkulukusa added that with regards to expenditure performance, Government released K3.2 billion during the month under review towards the payment of both domestic and external debt respectively, in order to continue reducing the country’s indebtedness and ensure fiscal sustainability, while, K977.8 million was also released for liquidating outstanding liabilities related to previously consumed goods and services under various line Ministries, Provinces and Agencies, out of which K150 million went towards liquidating fuel arrears.
“We also released K678.1 million to the Public Service Pension Fund to facilitate payment of retirees’ dues. Further, K169.3 million was released for implementation of the Social Cash Transfer Programme. With regard to agriculture subsidies, the Treasury released K500 million to the Farmer Input Support Programme (FISP) for dismantling outstanding bills. This funding brings the total amount released towards the FISP programme in 2022 to K800 million. The Treasury also released funds to support the operations of various public institutions.”
“In this regard, public universities and schools, countrywide, received grants totaling K105.9 million. Hospitals got K67 million. Further, the Treasury released K1.6 billion to support the activities and operations of other central government institutions. Of this amount K650 million was for procurement of drugs and medical supplies in public health institutions, K100 million for the Compensation Fund and K65 million for conducting of the 2022 Census of Population.”
He further disclosed that K11.1 billion was released to finance developmental programmes and public service delivery , out of which K3 billion was used to finance the public service wage bill for February, 2022, while K3.2 billion was used to service domestic and external debt, mainly for multilaterals.
Mr. Nkulukusa added that K1.7 billion was released for transfers of grants and subsidies, and the balance of K3.2 billion went towards the financing of various government projects, programmes, and general operations.
“K164.9 million was released to support the operations of other public entities and quasi-government institutions. To continue with the effective mobilization of tax revenue resources, the Zambia Revenue Authority was funded K208.2 million while K223.2 million went towards supporting the operations of local authorities across the country through the Local Government Equalization Fund.”
“The Government spent a total of K3.0 billion on costs relating to the Public Service Wage Bill and overseas allowances (personal emoluments) in order to ensure the timely payment of February salaries for various public service workers, including teaching, medical and security personnel.”
He reiterated the call for Ministries, Provinces and Agencies to ensure that funds are absorbed and utilized on budgeted programmes – in a timely, efficient and effective manner in order to achieve the Government’s set transformational objectives outlined in the 2022 National Budget.