NO USELESS SEMINARS AND TRIPS- SAYS DR MUSOKOTWANE
Highlights from New Finance Minister DR. MUSOKOTWANE press briefing.
-Government will embark on an aggressive reform programmes.
-Government aims to record a production of 3 million metric tonnes of copper per year, a move that will provide economic activities, more forex and employment.
-Under the UPND government, money will be utilised carefully
-The Budget is under stress and currently a huge chunk is going to emoluments and servicing debt.
-Government aims at revamping producting in Muilty facility Economic Zones (MFEZs).
-The Country is under economic stress.
-Government is optimistic that it will conclude negotiations for an IMF package by September and October.
-A recommendation will be made to the President on whether government will continue to engage a French firm Lazard Freres, debt advisors that were engaged by the PF government once it’s value is established.
-Among the new government reform programmes is to improve revenue collection by the Zambia Revenue Authority (ZRA).
-Government will ride on the hightened investor trust and confidence that has is being shown.
-Government’s focus was to ensure that everyone enjoyed their citizenship as Zambians.
-Ministry of finance officers will not be protected if found wanting on corruption matters.
-There shall be no useless seminars and trips for government workers.
-The role of the appointment of Bank of Zambia governor is the role of the President.