FINANCE MINISTER INSTRUCTED TO REQUEST PARLIAMENT APPROVAL OF A K22 BILLION SUPPLEMENTARY BUDGET

By Patricia Male

President Hakainde Hichilema has instructed Finance Minister, Dr. Situmbeko Musokotwane to request parliament to approve a supplementary budget of about K22 billion arising from financial prudence.
President Hichilema says this makes the 2022 budget approximately K195 billion as opposed to k123 billion in the previous year.

In a Facebook posting, the head of states says this extra generated revenue will be

used to increase funding towards fertilizer support programme, dismantle arrears for suppliers and contractors, payment of retirees and more road construction.

He said the resources have been allocated to benefit Zambians and generate more revenue as opposed to lavish lifestyles in private jets, luxurious vehicles and outright looting.
President Hichilema is therefore confident that members of parliament will support the supplementary budget.

PHOENIX NEWS

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