• The need to generate resources domestically as opposed to borrowing cannot be over emphasized.
• Government is undertaking countrywide stakeholder consultations in all ten provinces of the country.
• The initiative to hold these budget consultative meetings demonstrates governments meeting to involve citizens in the decision making processes.
Ministry of Finance and National Planning Permanent Secretary said governments’ hope is to continue implementing Tax and non-Tax policy measures that will enhance domestic resource mobilisation while at the same time making sure that businesses are helped through implementation of a fair, simple and efficient Tax system.
Speaking in Western Province during the 2023 National Budget Consultation, Simona Akapelwa says the need to generate resources domestically as opposed to borrowing cannot be over emphasized.
Mr. Akapelwa further stated that government is hopeful that the consultation process will save as a forum to engage various economic actors on how government can enhance domestic resource mobilisation and matters that affect directly their operations.
He urged stakeholders to actively participate and make submissions that aim at meeting the twin goals of offering a tax system attractive to investment, “while at the same time raising revenues to support the key pillars of a business enabling environment.”
Mr. Akapelwa said in order to have an informed budget that suitably reflects priorities of Zambians, government is undertaking countrywide stakeholder consultations in all ten provinces of the country as well as receiving submissions from the general public to inform the 2023 budget formulation budget process and the 2023-2025 Medium Term Budget framework.
“The initiative to hold these budget consultative meetings demonstrates governments meeting to involve citizens in the decision making processes. The Transparency associated with the consultations is also key to building consensus on how government can better address the challenges that the people are currently facing,” he said.