BY and large, Government has unveiled a thrift budget that attempts to meet all the expectations of the key stakeholders in the country realise their goals.On Friday, Finance and National Planning Minister Situmbeko Musokoktwane presented the 2023 budget under the theme “Stimulating Economic Growth for improved livelihoods.”The proposed K167.3 billion 2023 national budget is equivalent to 31.4 percent of Gross Domestic Product (GDP), according to Dr Musokotwane.And for the first time in decades, Government has presented a reduced budget size of K167.3 billion to be spent next year in its effort to implement fiscal consolidation, as it banks more on revenue from the tax base which has been broaden.This budget size presented on Friday by Dr Musokotwane is K5.7 billion smaller than the K173.0 billion budget which was proposed for this year.One of the highlights of the budget has been the re-introduction of meal allowances for university students with Government allocating K930.2 million to the […]
BUDGET FOR ALL
