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State disburses K570m

NANCY SIAME, Lusaka
GOVERNMENT has this year disbursed over K570 million for key development and welfare programmes under the 2017 national budget.
And Minister of Finance Felix Mutati says Government is targeting to eliminate wastage and leakage of public resources this year by implementing strict expenditure monitoring measures and punish officials found wanting.
This is according to a statement issued yesterday by Ministry of Finance head of media and public relations Chileshe Kandeta.
Commenting on budget releases made between January 1 and January 13, Mr Mutati said K100 million has been released for the electronic voucher system (under the Farmer Input Support Programme).
He said K20.2 million has been released for battling the armyworm invasion and K41.7 million is meant for the social cash transfer programme.
Mr Mutati said K2.2 million has been disbursed for the food security packs, K44 million is for dismantling arrears of which K30 million is for paying suppliers and service providers contracted by the Electoral Commission of Zambia for the 2016 general elections, while K369 million is for grants to institutions supported by Government.
“Of this K369 million, K59.7 million is for the local government equalisation fund, K52.4 million for hospitals, and K31 million for universities,” he said.
And Mr Mutati said Government is targeting to eliminate wastage and leakage of public resources this year by implementing strict expenditure monitoring measures.
He said fiscal discipline was the most eminent topic during post-budget liaison meetings across the country.
“Although the Ministry of Finance will ensure that funding is made timely, we will not accept expenditure that is inconsistent with the approved budget,” Mr Mutati said.
He said Government is committed to strengthening implementation of the Public Financial Management Reform Programme and ensure that amendments are made to the Public Finance Act.
Mr Mutati said his ministry will ensure that the Planning and Budgeting Bill is enacted in the next sitting of Parliament.
“Work on the Planning and Budgeting Bill and the Public Financial Act is progressing well and will both be ready for consideration in the next sitting of Parliament,” he said.
The minister pledged to ensure that the Integrated Financial Management Information and the Single Treasury Account Systems are implemented in full in all targeted ministries, provinces and government spending agencies this year.

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