Zambia plans 284.8 billion kwacha 2027 budget
By the AFREEQUE newsroom, based on Lusaka Times
Finance and National Planning Minister Situmbeko Musokotwane presents a proposed national budget of 284.8 billion kwacha for 2027, equivalent to 28.4% of gross domestic product. Domestic revenues are expected to finance 233.7 billion kwacha, or 82.1% of the budget, according to Situmbeko Musokotwane.
Zambian Finance and National Planning Minister Situmbeko Musokotwane presented a proposed national budget of 284.8 billion kwacha for 2027, equivalent to 28.4% of gross domestic product. The budget is expected to be financed by 233.7 billion kwacha in domestic revenues, representing 82.1% of its total, according to the Lusaka Times.
The announcement comes after Zambia approved the 2027 budget bill on 4 November. It comes amid a budget sequence also marked by the capping of Muchinga province’s 2027 budget at 124 million kwacha on 4 October and consultations by the Chinsali council with businesses on the 2027 budget on 21 October.
