- Stay Connected
Socialize
Magande Describes 2015 National Budget As ‘Ordinary’
Former Finance Minister Ng’andu Magande says government has hailed government’s indication to contain borrowing to 2 percent of the GDP as outlined in the 2015 national budget.
He has told Qfm news in an interview that he will have to read the whole budget speech to ascertain whether it is balanced or not.
Mr. Magande says he thinks that overall the 2015 national budget is ordinary.
And Former Commerce Minister Felix Mutati says Finance Minister Alexander Chikwanda has presented an incremental but not a translative national budget.
He says the national budget gives a sense of carrying on the business as usual.
Meanwhile Zambia Congress for Trade Union (ZCTU) president Leonard Hikaumba has expressed disappointment that the 2015 national budget has not touched on the issues the unions expected government to look into.
Mr. Hikaumba says one of the disappointments is that the budget has not touched on the plea of the unions that government lifts the wage freeze and increases salaries for the public service owing the prevailing economic conditions in the country.
He says unions also expected that government will make an allocation to the completion of the constitution making process and not the allocation that has been made for further consultations between government and other stakeholders on the constitution.
Posted by
Levy
October 11, 2014 at 2:35 pm
Ala, so Hikaumba is around! He has been overfed to an extent of losing his voice! I think he does not even know where he is!
sanks division
October 11, 2014 at 3:55 pm
he is well fed
illogical logic
October 11, 2014 at 7:14 pm
I didn’t hear PAYE mentioned.
i got email
October 12, 2014 at 7:47 pm
Dear Nkandu,
I am contacting you for the claim of my late client fund that was
deposited with the Bank here in Lome Togo. I am Barrister Bruno Uma,
personal Attorney to late Engr. F. D.Nkandu, who was involved in a
ghastly motor accident along Nouvissi express Road. I have decided to
contact you due to the urgency of this matter, to assist me in
repatriation fund worth $ 4.5 million usd,The bank now expects the
Next of Kin to come forward as beneficiary. If you care for more
details respond to my confidential email address,
DO NOT CONTACT ME HERE DUE TO SOME REASONS, SO I URGE YOU TO CONTACT
ME DIRECT TO MY CONFIDENTIAL BOX.([email protected])
Thanks,
Hope to hear from you
Yours faithfully,
Barrister Bruno Uma.
id!ot!
October 13, 2014 at 8:36 am
Such hoaxes are still being applied in this era! Naseka sana!
biggie
October 13, 2014 at 10:41 am
419 YOU ARE A THIEF YOU THINK PEOPLE ARE STILL SLEEPY.
Mwango Chimbifya
October 13, 2014 at 1:38 pm
Its a nice budget