The 2022 national budget is transformativeDear Editor,THE Minister of Finance and National Planning, Honourable Dr. Situmbeko Musokotwane last Friday presented the K173 billion national budget for the fiscal year 2022. This is the first budget of the New Dawn administration and the people were highly expectant of the budget. The 2022 national budget is transformative and it has set the new tone for economic growth.Granted, the United Party for National Development (UPND) campaigned on the premise of job creation in various sectors of the economy, provision of free education and revamping of the national economy, among others.However, the 2022 national budget has quite a number of progressive issues which are too numerous to itemise. The Constituency Development Fund (CDF) has been increased from K1.6 million to K25.7 million. This increase in the CDF allocation will make it easy to implement most, if not all, the developmental projects in each constituency. Furthermore, this has cheered the lawmakers […]
The 2022 national budget is transformative
