2024 Zambia National Budget

Rebalancing for growth

The United Party for National Development (UPND) Government’s third budget builds on and refines the party’s ambitious plans to transform Zambia’s economy.

Overview

With progress made towards concluding Zambia’s debt restructuring deal, the New Dawn Government has started to stablise Zambia’s economy, which is the first stage in the UPND’s Economic Transformation Programme.

In his budget speech, the Minister of Finance and National Planning, the Honourable Dr Situmbeko Musokotwane, MP, said the 2024 budget aimed to build on this newfound stability by creating conditions for economic expansion, and private as well as public sector job creation.

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2024 Zambia National Budget Bulletin

Download the previous edition: 2023 Zambia Budget Bulletin

In this year’s budget the Minister of Finance, Hon Dr Situmbeko Musokotwane has announced increased social sector spending and further incentives to stimulate private sector development.

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Further languages

PwC Zambia 2024 Illustrative Budget Analysis

We have heard your feedback about the complexity of some of the matters published in the Budget report and so we have decided, for the first time, to present answers to the frequently questions we've received in a simpler form.

Explore the full PwC Zambia 2024 Illustrative Budget Analysis here