Entries by pmrc
Analysis of the Public Finance Management Act of 2018
Public Financial Management (PFM) refers to the set of laws, rules, systems and processes used by sovereign nations (and sub-national governments), to mobilise revenue, allocate public funds, undertake public spending, account for funds and audit results (Lawson, 2015). It encompasses a broader set of functions than financial management and is commonly conceived as a cycle […]
PMRC 2019 National Budget Analysis
On Friday 28th September 2018, the Minister of Finance, Honourable Margaret D. Mwanakatwe, and MP delivered the 2019 Budget address to the National Assembly under the theme “Delivering Fiscal Consolidation for Sustainable and Inclusive Growth”. The 2019 National Budget was formulated against the backdrop of the austerity measures being implemented by Government to deliver fiscal […]
PMRC Press Statement – Government Engagement with Cooperating partners poised to Yield Positive Economic Results
On Wednesday 17th October 2018, the President of the Republic of Zambia, His Excellency Mr. Edgar Chagwa Lungu held engagements with The Vice President of the World Bank Dr. Hafez Ghanem, Luapula Expo Investors and key Government officials on fundamental issues pertaining to the country. Below is our analysis on various key aspects of the […]
Zambia National Budget 2019 Infographic
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PMRC 2019 Budget Presentation to the Parliamentary Committee on Budget Estimates
PMRC presentation to Parliamentary Committee on Budget Estimates The discussions bordered around; Fiscal Consolidation for Sustainable and Inclusive Growth. The specific macroeconomic objectives for 2019. Major observations on Education, Health and Agriculture allocation The 5 pillars of the Seventh National Development Plan Among other points, PMRC submitted that for the 2019 Budget implementation to score […]
Presidential Speech 3rd Opening Infographic_2018
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The e-Voucher Restructuring: SMART 2018/2019 Farming Season – Infographic
According to the Seventh National Development Plan (7NDP), the agriculture sector is the fourth largest contributor to GDP (8.7 percent) and the largest contributor to employment (70 percent). The sector is critical for achieving diversification, economic growth and wealth creation in Zambia. One major component of the agriculture sector is the e-Voucher programme which was […]
The Aquaculture Sub Sector in Zambia Challenges and Opportunities
The fisheries sub-sector in Zambia plays a significant role in the economy as it offers an opportunity for improved nutrition, income generation and job creation, resulting in general wealth creation and food security at national and household levels. At national level, the fisheries sub-sector contributes approximately 3.2% to the national Gross Domestic Product (GDP) (Second Agricultural Policy , 2016). […]