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Green Paper: 2013 - 2015 Medium Term Expenditure Framework

Green Paper: 2013 - 2015 Medium Term Expenditure Framework

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Published by Zambian-Economist

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Published by: Zambian-Economist on Sep 27, 2012
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03/27/2013

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Republic of Zambia
2013-2015MEDIUM TERM EXPENDITURE FRAMEWORK  ANDTHE 2013 BUDGET
GREEN PAPER
Ministry of Finance
September, 2012
 
1
FOREWORD
The 2013-2015
Green Paper 
provides a platform for the Government to consult with allstakeholders o
n the intended course of action with regard to Zambia’s development 
agenda in the next three years. This is the first Medium Term Expenditure Framework (MTEF) that has been wholly prepared by the current Government. As such, theidentification of programmes and the criteria for allocating resources, in each of thethree annual budgets, will be predominantly guided by the aspirations of the PatrioticFront (PF) Manifesto and centred on the attainment of the Sixth National Development Plan
s (SNDP) strategic focus.While acknowledging that significant economic outcomes have been recorded over thelast decade with strong economic growth and lower inflation, poverty levels particularly
in the rural areas have remained unacceptably high. The Government’s immedia
teresponsibility, therefore, hinges on ensuring that the economic inroads that our countrycontinues to attain, must translate into reduced poverty levels and improved standardsof living for all Zambians.The Govern
ment’s focus in the medium term
will be centred on the development of social infrastructure and gainful human capacities. This will be done through thestepping up of both human effort and financial resources in areas that have a direct 
impact on the enhancement of individuals’ quality of life
, such as education and skillsdevelopment, health care, agriculture support, employment creation and provision of social amenities. To ensure effective programme implementation in these areas,Government will aim at creating additional fiscal space primarily by strengtheningpolicy and administration of tax and non-tax resource mobilization and continuerestraining non-priority spending during this period. Further, the implementation of structural reforms will be stepped up as they are cardinal in supporting private sectorled growth and strengthening public sector management.I am, therefore, urging all stakeholders to study this
Green Paper 
carefully and provide
constructive comments that will assist the Government in achieving the country’s
economic and development goals that have been set for the next medium term period.Fredson K. YambaSecretary to the Treasury
MINSITRY OF FINANCE
 
2
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