Ex­pen­di­ture Frame­work

ChinAfrica - - Business Numbers -

the Zam­bian Gov­ern­ment has un­veiled a Green Pa­per that out­lines its ex­pen­di­ture frame­work from 2018 to 2020, with a fo­cus on restor­ing fis­cal fit­ness for sus­tained in­clu­sive growth. the 2018-20 Medium term ex­pen­di­ture Frame­work (Mtef) is aimed at link­ing gov­ern­ment’s medium-term de­vel­op­ment goals to their bud­getary im­pli­ca­tions within the cur­rent fis­cal en­vi­ron­ment. It was the first time in seven years that a green pa­per was un­veiled to the pub­lic for scru­tiny, com­men­tary and re­fine­ment. Ac­cord­ing to a state­ment re­leased by the Min­istry of Fi­nance, the gov­ern­ment plans to pri­or­i­tize agri­cul­ture, min­ing, man­u­fac­tur­ing and tourism as strate­gic sec­tors for the coun­try’s eco­nomic growth over the medium term.

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