Search

Zambia Aims for 79.3% Domestic Funding in 2024 Budget

  • Boost in domestic resource mobilisation from 66.7% to 79.3%.
  • New export tracking system to enhance tax compliance.

 

Lusaka, Zambia – Zambia is targeting to raise 79.3% of its K167.9 billion (US$6.47 billion) 2024 national budget from domestic resources as part of its conditions to attain debt restructuring and return to macro-economic stability. This is up by 12.6% from last year’s 66.7%.

You need an active subscription to continue reading this article.

Recent Business

Mozambique fisherwomen. Photo by Antonella Ragazzoni @ Unsplash
African Development Bank renews $2m drought insurance for Mozambique
Read More »
Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Dangote to double Nigeria refinery output to 1.4 million barrels daily
Read More »
Photo by Jose Antoinne @ Unsplash
Namibia’s 2025 mid-term budget signals fiscal restraint as growth slows
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »

Latest Posts

Latest news insights