FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government aims to maintain healthy international reserves of more than four months of import cover in 2026. In a statement, issued by the Ministry, Sunday, Dr Musokotwane stated that government’s macroeconomic objective for 2026 also included sustaining economic growth, returning inflation to a single digit and a reduced fiscal deficit of 2.1 percent of GDP. “Within the foregoing context, the total estimated expenditure for the 2026 Budget is K253.09 billion, equivalent to 27.4 percent of GDP. Financing of the budget will be anchored primarily in domestic revenue, complemented by grants and carefully managed borrowing drawn exclusively from already contracted loans. This approach reflects our commitment to responsible borrowing and aligns fully...
