Government through the Ministry of Finance and National Planning has commenced preparations for the 2023 National Budget and the 2023 – 2025 Medium Term Expenditure Framework (MTEF).
Ministry’s Acting Secretary to the Treasury Danies K. Chisenda said the National Budget and the MTEF are important economic policy tools which help to shape the direction of economic policy and other development priorities.
Mr. Chisenda said to facilitate interactive preparations, the Ministry of Finance and National Planning will be conducting broad-based consultations on the 2023 National Budget and the framework, and hence Members of the public, private and public sectors, civil society and other stakeholders should submit tax, non-tax and expenditure proposals, for review and possible inclusion in the 2023 National Budget.
“The Ministry is confident that the set period will create considerable room for citizens – including the youth, women groups, the private sector, public sector, and all other stakeholders and interest groups – to participate in the formulation of the 2023 National Budget and the 2023 – 2025 Medium Term Expenditure Framework,” he said.
The Ministry of Finance has further appealed to citizens for participation in the budget formulation process to Government and stakeholders move together.
“Our appeal to citizens for participation in the budget formulation process is made to ensure that the Government and stakeholders move together in streamlining taxation; creating a conducive policy environment for business; creating employment opportunities; generating wealth; and, facilitating a sustainable future for all citizens and prosperity for the nation,” it said.