In the 2017 national budget, the government of Zambia announced plans to introduce ‘cost-reflective tariffs’ for electricity by the end of 2017. This means removing the subsidies, which currently allow ZESCO to charge consumers less than the cost of producing and distributing electricity. In view of the current economic context, with a large government budget […]
On Wednesday 18th January 2017, the PMRC research team appeared before the Parliamentary Committee on Estimates to discuss “Fiscal Decentralisation” in Zambia and potential budgetary changes to promote service delivery. The submission and discussions focused on understanding the concept of Fiscal decentralisation, assessing the status of sub-national authorities and also analyzing possible institutional and budgetary […]
Financial literacy can be understood as the education and understanding of various financial areas with focuses on the ability to manage personal finance matters in an efficient manner. Financial literacy includes the knowledge of making appropriate decisions about personal finance such as investing and saving. Key financial stakeholders in Zambia hold awareness weeks on an […]
Electricity subsidies benefit the rich more than the poor. The richest Zambians currently receive nearly five times more in subsidies than the poor, according to a new research commissioned by Policy Monitoring and Research Centre (PMRC). Given how unfair the current subsidy is, the government’s aim of reforming subsidies by the end of 2017 is […]
Climate change is widely recognized as one of the major challenges facing humanity and to address such a global issue, the United Nations Framework Convention on Climate Change was therefore adopted in 1992 to stabilize Green House Gases (GHG) concentration in the atmosphere. By definition, climate change is “a long-term change in the earth’s climate, […]
On 17th March 2017, H.E President Edgar C. Lungu addressed the National Assembly as provided for in articles 8,9 and 86 subtitle (1) of the national constitution on values and principles. VIEW PUBLICATION DOWNLOAD
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On the 11th of November 2016, the Minister of Finance, Hon. Felix Mutati MP, delivered the 2017 Budget Address to parliament and the rest of the country. The theme of the 2017 National Budget is “Restoring Fiscal Fitness for Sustained Inclusive Growth and Development”. In order to restore economic stability, the Government has designed an […]