2023 Zambia Budget

Resetting for growth

The UPND Government’s second budget builds on the ruling party’s ambitious plans to transform Zambia’s struggling economy.


With an IMF deal now agreed, the ‘New Dawn’ Government has used the 2023 budget to cement existing economic policy which, if successful, should turn the country’s ailing economy around and transform the livelihoods of its citizens.

In this year’s budget, titled Stimulating Economic Growth for Improved Livelihoods, the Minister of Finance, Hon Dr Situmbeko Musokotwane, MP, has announced increased social sector spending and further incentives to stimulate private sector development.


Man researching the Zambia Budget on his laptop and phone.

Register to download the 2023 Zambia Budget publication here.

Contact us

George Chitwa

George Chitwa

Tax Leader, PwC Zambia

Tel: +260 (0) 211 334 000

Malcolm  Jhala

Malcolm Jhala

Partner | Tax Services, PwC Zambia

Tel: +260 (0) 21 133 4000

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