AGP Executive Report
Last update: 3 hours ago2027 Budget: Finance Minister Situmbeko Musokotwane’s K284.8 billion proposal targets 4.9% growth and a deficit capped at 3% of GDP. Government expects to raise K233.7 billion domestically and collect K10.8 billion more in taxes, putting household and business affordability in focus. Education receives K38.2 billion, or 13.4% of the budget; a teachers’ union says the share is too low and notes no provision for teacher recruitment. Tax Revenue: ZRA urged taxpayers to comply as domestic resources are set to finance a larger share of national spending. Lobito Railway: Preferred bidders have been selected for the 830-kilometre Zambia-Angola line, estimated to cost $3 billion to $5 billion. Contract talks are due to start this month, with the corridor expected to move minerals and agricultural goods to international markets.
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