Secretary to the Treasury Felix Nkulukusa expressed optimism that the 2025 national budget will play a crucial role in restoring the economy through its focus on resilience and inclusive growth.
In a keynote address at the KPMG post-budget analysis event in Lusaka yesterday, Mr Nkulukusa emphasized that sustainable economic development requires a collective effort to strengthen vital sectors such as health, education, infrastructure, and industry.
He highlighted the importance of enhancing public services and educational infrastructure while promoting strategic investments in manufacturing, mining, agriculture, and energy to establish a solid foundation for economic stability.
Mr Nkulukusa also urged private sector stakeholders to collaborate with the government in combating financial crimes within the public sector.
During a panel discussion, Bankers Association of Zambia CEO Leonard Mwanza noted that the fiscal strategies outlined in the 2025 budget, if implemented effectively, could boost market confidence, particularly as budget allocations for key sectors like agriculture and SMEs have increased
