Kitwe & District Chamber of Commerce and Industry

STAKEHOLDERS SPEAK OUT ON 2021 BUDGET

STAKEHOLDERS SPEAK OUT ON 2021 BUDGET

WITH a few days remaining before Minister of Finance Bwalya Ng’andu unveils the 2021 National Budget, some stakeholders have called on Government to place emphasis on stimulating private-sector growth to insulate enterprises from collapsing as the country continues facing economic shocks triggered by coronavirus. Dr Ng’andu will display the copper briefcase in Parliament on September 25.

The Economics Association of Zambia (EAZ) has called on Government to ensure more stimulus packages are allocated towards economic growth. Association president Lubinda Haabazoka said although the budget has been difficult to formulate in the wake of reduced earnings as a result of COVID-19, there will be need for small and meduim –scale enterprises (SMEs) –centred programmes to help revive the economy. Dr Haabazoka said in an interview on Friday that EAZ expects Government to announce measures that will stimulate SMEs and local businesses to enhance prodduction. Source: Zambia Daily Mail

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