PF govt starts preparing for its first fully developed budget for 2013

The Ministry of Finance and National Planning (MoFNP) is inviting members of the general public to make submissions on Tax and Non-Tax Revenue Policy Proposals in preparation for the 2013 National Budget and 2013 to 2015 Medium Term Expenditure Framework (MTEF).

The submissions are very important because the 2013 national budget will be the first fully developed annual plan by the new Patriotic Front (PF) Government, said MoFNP Public Relations Officer (PRO) Chileshe Kandeta

Kandeta said a three month consultation period has been set up to 31st July, 2012 in which people should make submissions.

Mr. Kandeta said Government strongly believes that taking this approach, all citizens including youths, women groups, the private sector and all other stakeholders will be given ample time to
participate in the formulation of the 2013 budget.

“The MoFNP wishes to announce the commencement of preparations for the 2013 National Budget and 2013 to 2015 Medium Term Expenditure Framework. This call for submissions is very important because the 2013 national budget will be the first fully developed annual plan by the new PF Government.

It’s a the duty of all citizens in their respective interest groups to respond to this invitation so that meaningful participation in the formulation of the 2013 national budget is achieved,” Mr. Kandeta
said.

Mr. Kandeta said it is the duty of all citizens in their respective interest groups to respond to the invitation so that meaningful participation in the formulation of the 2013 national budget is
achieved.

He stated that through this process, a structured system would be established where all stakeholders have made their contributions.

He appealed to people to ensure that their submissions clearly states the nature of the proposal, demonstrate pitfalls of the current tax regime, indicate pros and cons of off-shoot measures and stipulate how the tax base could be fairly and equitably expanded in line with vision of Government.

The PRO disclosed that after  31st July deadline, a Tax Policy Review Committee would be constituted by his ministry to scrutinise and assess all proposals based on their merit, impact on tax payers,
effect on the economy and significance to shape and focus on the Zambian Tax Policy System for the 2013 to 2015 period .

Mr. Kandeta said in due course, MoFNP would then publish the proposals
received from the stakeholders and availed them so that they have an opportunity to analyse the resilience and sustainability of each

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