2017 Budget Infographic
The 2017 budget is anchored on equitable growth and development across the entire country. The government of the republic of Zambia is cognizant of the challenges involved in its economic recovery programme and has instituted measures to scale up social safety nets to protect the poor in line with the Patriotic Front’s commitment as a pro poor government. Most of the studies of the optimum size of government made by reputable scholars in recent decades have indicated that total government spending should be no lower than 17% and no larger than about 30% of GDP. The 2017 national budget for Zambia stands at K64.5 billion or 27.7% of GDP which is close to the optimal government spending. The theme of the 2017 National Budget is “Restoring Fiscal Fitness for Sustained Inclusive Growth and Development”.