Melo News | Tuesday, October 1, 2024 | Lusaka
Secretary to the Treasury Felix Nkulukusa expresses strong optimism regarding the 2025 national budget, asserting that it is a pivotal step towards revitalizing the economy by fostering resilience and promoting inclusive growth.
In his keynote address at the KPMG post-budget analysis event in Lusaka, Mr. Nkulukusa emphasized that the foundation of a sustainable economy is built on a collaborative approach to strengthening vital sectors, including health, education, infrastructure, and industry.
He highlighted that enhancing the quality of public services, upgrading educational facilities, and encouraging strategic investments in key areas such as manufacturing, mining, agriculture, and energy are essential for establishing a robust economic framework.
Additionally, Mr. Nkulukusa urged private sector stakeholders to partner with the government in combating financial crimes within the public sector, reinforcing the need for integrity and transparency.
During a subsequent panel discussion, Leonard Mwanza, the Chief Executive Officer of the Bankers Association of Zambia, echoed these sentiments, stating that the fiscal strategies outlined in the 2025 national budget, once put into action, will bolster market confidence, particularly as significant budgetary increases have been allocated to crucial sectors like agriculture and small and medium enterprises.
