THE Ministry of Finance and National planning has released K12.7 billion for developmental pogrammes, public service delivery, debt service, arrears and wages. According to a statement issued by the Office of the Secretary to the Treasury, Sunday, K2.2 billion of the funds will go towards domestic and external debt service among others. “The Ministry of Finance and National Planning released K12.7 billion to finance developmental programmes, public service delivery, debt service, arrears and wages. Of this amount K2.8 billion was released for transfers, subsidies and social benefits, K2.2 billion for debt service (domestic and external) including arrears, K2 billion for the implementation of various government programmes and general operations, and an additional K2 billion was spent on capital expenditure. Furthermore,...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe