By NATION REPORTERGOVERNMENT has released K10.8 billion for various developmental, debt-service and operational programmes.Finance and National Planning Minister Dr. Situmbeko Musokotwane, said the government was pleased with the positive performance trajectory of the 2022 budget, which had seen the sustained financing of social sectors, installation of over 41, 000 new employees on the public service payroll, and meeting of several budget obligations for the current year.He was speaking in reference to the November, 2022 budget expenditure whereby K10.8 billion was released to finance public service delivery.Dr Musokotwane said of the total amount, K2.9 billion was spent on debt service (domestic and external) and other liabilities and K3.3 billion was released towards the public service wage bill. Releases to transfers, subsidies and social benefits amounted to K2.9 billion.“With regard to subsidies, the government released K1.7 billion towards 2022/2023 season Farmer Input Support Programme (FISP). We are confident that the logistical challenges of the past few weeks […]
K10.8BN RELEASED FOR VARIOUS DEVELOPMENTAL, DEBT-SERVICE AND OPERATIONAL PROGRAMMES
