Daily Nation Newspaper

Mwanakatwe calls for speedy payment of workers’ salaries

- By EDWARD MWANGO

FINANCE Minister, Margaret Mwanakatwe has directed top management at the Ministry of Finance to develop a sustainabl­e plan for timely payment of salaries to public service workers.

Ms. Mwanakatwe made the directive during her first strategic visioning meeting with top management in the Ministry of Finance, yesterday.

Ms Mwanakatwe, formerly Commerce Minister who has replaced Felix Mutati as Finance Minister, also requested her team to formulate a plan for offsetting domestic arrears in a systematic manner in order to help dismantle the K9 billion domestic debt.

She restated government­s concern with the perception of corruption in some public offices and urged her team to ensure that the Ministry of Finance demonstrat­ed and practiced transparen­cy and accountabi­lity in the discharge of treasury and economic management functions.

“This Ministry is key and must play its role in assuring the public that the perception of corruption which has been appended to some public offices will be addressed,” she said.

Ms. Mwanakatwe called for hard work at all levels of the Ministry to ensure that the country reaches Growth Domestic Product [GDP] in excess of 5% and so that the benefits of growth begin to trickle down to the citizenry.

The Minister also commended the top management team at the ministry for ensuring that economic stability was attained while reiteratin­g the consensus of Cabinet to improve domestic resource mobilisati­on.

She asked her top management team to ensure that the actions and performanc­e of the Ministry of Finance met people’s expectatio­ns.

“We have an economy to run, we have an economy to protect, we have an economy to grow,” she said, adding that “we have to intensify our domestic resource mobilisati­on while at the same time developing sustainabl­e plans for concession­al, cost-effective, and value for money external resource mobilisati­on.”

Speaking during the same meeting, Secretary to the Treasury Fredson Yamba disclosed that the Ministry of Finance was formulatin­g a plan to deal with the obligation­s that the country will have to fulfil as the Eurobonds fall due.

 ??  ?? Ms Mwanakatwe
Ms Mwanakatwe

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