NOVEMBER 2018 – K4.8 Billion BUDGET RELEASES
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By Chileshe Kandeta For Ministry of Finance EMAIL: ckandeta@gmail.com chileshe.kandeta@mof.gov.zm WEBSITE: www.mof.gov.zm Monday, 10 December, 2018 In November, 2018, the Ministry of Finance released a total of K4.8 Billion [FOUR POINT EIGHT BILLION KWACHA] to finance public service operations and sustain service delivery. Of this amount, K943 million was funded to service both the domestic and external debt; K940 million went towards grants to various institutions; K1 billion was released to finance various government projects, programmes and general operations; and, K1.9 billion went towards the public service wage bill. The Treasury also released a total of K169.3 million [ONE HUNDRED AND...