BUDGET HAS SURPRISES AND FAMILIAR THEMESDear Editor,My initial take on the 2022 National Budget is thatit has surprises, but also re- tains familiar themes. We were promised a budget that will address jobs and free education. On that it hasn’t disappointed.The employment of 44, 200 new teachers and health work- ers is a practical demonstra- tion of employment creation. It means the 44, 200 will be able to support at least 176, 800 dependents.Formal sector employees in Zambia have at least four de- pendents.The employment of 44, 200 new government employees will also stimulate economic activity as there will be dispos- able income that can support informal trade and SMEs.In some of our rural areas small shops were closing down due to depressed demand – lack of enough people with dis- posable income to buy avail- able merchandise.The abolishment of schoolfees at primary and secondary schools is a welcome move. It will free parent’s money […]
BUDGET HAS SURPRISES AND FAMILIAR THEMES
