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2016 Budget Formulation Preps Commence

The Ministry of Finance has commenced preparations for the 2016 National Budget and the 2016-2018 Medium Term Expenditure Framework[MTEF].

Secretary to the Treasury Fredson Yamba in a statement says members of the public are invited to submit proposals for Tax and Non-Tax Revenue Policy for the 2016 Budget.

Mr Yamba says the consultation period, ending 31st July, 2015 has been set to ensure that all citizens, including the youth, women groups, the private sector, and other interest groups participate in the formulation of the 2016 Budget and the 2016 to 2018 MTEF.

He says the Ministry is steadfast in its resolve to ensure citizen ownership of the 2016 National Budget, and that in this regard, all interested parties, especially those representing interest groups, are encouraged to ensure that internal peer consultations are conducted.

Mr Yamba states that the process is a non-partisan mission, but a pragmatic search for tax and non-tax policy consolidation, widespread employment creation, promotion of the greater well-being of the people of Zambia, and reinforcement of Zambia’s attractiveness as a preferred destination for long-term investment.

He has also emphasized that the proposals submitted to the Ministry must be clearly outlined proposed measures with justification and outcomes, outline anomalies in current statutes which are proposed to be corrected and justify expected improved outcomes, especially in revenue collection.

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Posted by on May 28, 2015. Filed under LATEST NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

4 Responses to 2016 Budget Formulation Preps Commence

  1. Gezzeus Reply

    May 28, 2015 at 6:42 pm

    The Bible That Replaces Every Mention Of God With Kanye West Is Up For Sale!!

    • Pwanya Nini Reply

      May 29, 2015 at 3:10 am

      This Bible That Replaces Every Mention of God with Kanye West Is up for sale

      He may be known for his admittedly massive ego, but surely even Kanye West would not have seen himself replacing God in the Bible.

      A new version of the Bible is for sale on Etsy. It’s called “The Book of Yeezus: A Bible For The Modern Day.” In every mention where God’s name would normally be, editors have changed the name to Kanye. For example, “In the beginning, Kanye created the heavens and the Earth.” The creators said the idea came from a need for Generation Y to have a superstar to call its own — one that will “accompany that generation through it’s evolution, being a part of and ultimately shaping its identity.

      They added, “[the book] is an interventionist art, coffee-table novelty that will appeal to Kanye fans everywhere and those made curious by this enormous cultural phenomenon.” The hard-cover book sells for $20.

  2. Voter apathy Reply

    May 29, 2015 at 7:38 am

    @ pwanya nina
    What’s the connection with 2016 budget? And that makes ka picture efinshi?

  3. tutu Reply

    May 29, 2015 at 10:03 am

    pwanya ulishisha sana atini? w@ has kanye west ichipingo got 2 do wit ubunonshi bwa zambia kolokombwa iwe?

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