Tag Archives: government revenue

Zambia: Chikwanda says 2015 budget deficit balloons to K20 billion, will borrow more to plug the hole

Story from the Lusaka Times Website
Finance Minister Alexander Chikwanda has disclosed that the 2015 budget deficit has ballooned from a projected K 8.5 billion to a staggering K 20 billion in the first six months of the year.

……….He also revealed that Government has since revised the targeted end year GDP growth rates of at least seven percent to 5.8 percent.
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