Mutati assures international community

Felix Mutati - Finance Minister

Felix Mutati – Finance Minister

Government has assured the international community that Zambia is serious about prudent economic management and enhancement of domestic resource mobilisation.

Finance Minister Felix Mutati has reiterated the assurance at several consultative meetings with different bilateral and multilateral development partners during the recently held International Conference on Global Transit Guidelines held in Brussels, Belgium.

At a side event with the Senior Vice President of the Japanese International Cooperation Agency [JICA], Mr. Kenichi Tomiyoshi, the Minister assured JICA that as part of the process of ensuring prudent resource management, Zambia was willing to work with Japan to improve tax administration.

And Mr. Mutati has appealed to JICA to assist in financing the remaining portion of the power interconnector between Southern and East Africa “in order to increase the pool of available power in the south-east development corridor and all the way to North Africa.”

Speaking at the same bilateral event, Mr. Tomiyoshi pledged the continued support of JICA to Zambia’s economic development agenda through promotion of productivity improvement programmes.

Mr. Tomiyoshi says African regional development blocks should balance their efforts between power generation and power transmission projects in order to minimize energy wastage in countries or regions where it is in abundance.

This is contained in a statement issued to QFM News by Ministry of Finance Head of Public Relations Chileshe Kandeta.

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