By NATION REPORTERFINANCE and National Planning Minister Dr Situmbeko Musokotwane has said Government has released K10.9 billion in February for budget execution.Dr Musokotwane said government would continue to build on the gains made in financial governance and ensure that the utilisation of public resources effectively contributes to economic transformation and improvement of the well-being of citizens.Dr Musokotwane called on public institutions under the Ministry to maintain smooth engagement with stakeholders, and communicate the milestones achieved in programme implementation, on a quarterly basis, to the public. As previously stated by the Minister, public institutions should ensure that funds released by the Treasury are utilised on budgeted programmes – in a timely, efficient and effective manner.“We now take this opportunity to brief the nation that in February 2023, the Government released K10.9 billion to finance public service delivery. Of this amount, K3.6 billion was released for the public service wage bill whilst K3.5 billion was spent on […]
K10.9 billion released in February 2023 for budget execution
