Q FM Africa's Modern Radio
The Ministry of Finance and National Planning has in june 2022, released a total of k1.3 billion for the Constituency Development Fund (CDF), social cash transfer programme, food security pack, and purchase of drugs and medical supplies.
Of the Resources released the constituency development fund (CDF) got k605 million for on-going constituency-level capital projects, countrywide.
This brings the total of c-d-f releases in 2022 to k2 billion representing 50% budget performance on this expenditure item.
The total releases for the period January to june now stands at k1.9 billion representing a performance of 45 percent; albeit, in line with programme schedules.
Minister of Finance and National Planning Dr. Situmbeko Musokotwane, has appealed to stakeholders in the CDF implementation chain to scale-up activities and ensure that the absorption capacity is enhanced so that the intended objectives are met.
Dr. Musokotwane says k411.9 million has been funded to the ministry of health for purchase of drugs and medical supplies, bringing the total releases for the period under review to k2.7 billion representing 79.6 percent budget performance.
He says social protection programmes have received k269.3 million this month for expenditure related to the food security pack and social cash transfer programmes.
Dr. Musokotwane says the foregoing funding measures by the treasury reflect the government’s commitment to uplifting the living conditions of the people of Zambia while upholding budget credibility and predictability.
He has therefore encouraged institutions like the public service pensions fund, through established channels, to ensure that they give quarterly updates on their activities of public interest like pension payments, so that the people countrywide remain well-informed.
The minister says although no funding has been made in june, 2022, the treasury has for the period January to june, 2022, released the entire k2, 067, 042, 479 allocated for pensions in the 2022 national budget stressing that this action was taken to ensure that outstanding pension dues are cleared.