ZESCO allocated K600 million for power generation

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Government has allocated K798.7 million for housing and community amenities in the proposed 2015 national budget increasing the allocation by K137.7 million from last year’s   K661.0 million.

In the 2014 Budget government allocated K417.8 million which is lower that this year’s K541 million for the provision of safe water and sanitation in both rural and urban areas.

Mr. Chikwanda announced the allocation during the Budget presentation speech in Parliament today.

In the social protection programmes, the Minister of Finance has proposed to spend K1.3 billion of which K805 million is for the Public Service Pension Fund while K180.6 million is for the food security pack.

The allocation to Social Protection translates into to 2.7 percent of the overall expenditure in 2015.

In the 2014 national budget K1.18 billion was allocated for social protection programmes while the Public Service Pension Fund, received K754.2 million.

Meanwhile, the Finance Minister has allocated K2.2 billion towards the maintenance of public order and safety which will involve modernization of security wings, recruitment of security personnel including immigration and prison officers and rehabilitation of prison infrastructure plus construction and rehabilitation of staff houses.

Finance Minister Alexander Chikwanda today presented a K46.6 billion 2015 national budget to parliament which is K6 billion higher than the 2014 national budget which stood at K42.6 billion