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2020 National Budget Doesn’t Offer Much Relief to Ordinary Citizens


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STATEMENT (734.3Kb)
Date
2019-10-01
Author
Jesuit Centre for Theological Reflection
Type
Statement
Language
en
Item Usage Stats
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Abstract
In 2020, government has targeted a growth of 3%. This simply means that the current hardships majority citizens are facing will continue. Challenges such as lack of access to basic nutritious food, limited employment opportunities, inadequate income, and limited access to quality health care and safe drinking water will remain unaddressed. There are however, some progressive measures that government needs to be commended for, in the 2020 national budget. The decision to increase allocation to social protection from K2.18 billion in 2019 to K2.6 billion is commendable. If the funds are made available and prudently utilized, this support will bring some relief to the targeted beneficiaries. The decision has enabled vital components such as the social cash transfer (SCT) receiving increased attention. In 2019, government had reduced the allocation to SCT to K699 million from K721 million in 2018. But in 2020, the allocation to SCT has seen a significant increase to K1 billion. An allocation of K1 billion has also been made to off-set retirees’ arrears.
Description
There are positive elements in the 2020 National Budget, however the budget does not offer much relief to ordinary citizens who are struggling to survive due to bad the combination of limited sources of income and high cost of living. The budget might be good for the business sector but an opportunity has again been missed to address the plight of the majority of the Zambians, especially the poor, whose hardships are projected to continue.
Citation
JESUIT CENTRE FOR THEOLOGICAL REFLECTION (2019). 2020 National Budget Doesn’t Offer Much Relief to Ordinary Citizens. LUSAKA, ZAMBIA. JCTR.
Subject
Ordinary Citizens; 2020 National Budget; National Debt
Publisher
Jesuit Centre for Theological Reflection
URI
https://repository.jctr.org.zm/handle/20.500.14274/150
Collections
  • Advocacy on Public Finance Accountability [3]
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JESUIT CENTRE FOR THEOLOGICAL REFLECTION | Physical Address: 3813 Martin Mwamba Road, Olympia Park | Postal Address: P.O Box 37774, 10101 Lusaka, Zambia