GOVERNMENT has this month released K1.8 billion to finance public service delivery from the 2023 national budget.Minister of Finance and National Planning, Situmbeko Musokotwane said execution of the 2023 budget had commenced on a smooth note.Dr Musokotwane said this in a statement issued on Thursday to update the nation on the funds released.“Since the start of the year a few days ago, the Treasury has so far released a total amount of K1.8 billion to finance public service delivery,” he said.Dr Musokotwane stated that K668.6 million had been released to service debt, both domestic and external.He explained that K619.8 million would go towards domestic debt service while K48.8 million was channeled to external debt (multilaterals).He also said K419.3 million was released to finance school grants under the Ministry of Education and K217.8 million was for the Secondary Schools and skills development training bursaries under Constituency Development Fund (CDF).“K165.2 million was released towards road infrastructure rehabilitation […]
Government starts 2023 national budget execution
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