1. A Review of the Performance of the 2021 First Semester Budget
- Author:
- Mbewe Kalikeka
- Publication Date:
- 10-2021
- Content Type:
- Commentary and Analysis
- Institution:
- Zambia Institute for Policy Analysis and Research (ZIPAR)
- Abstract:
- Zambia’s 2021 National Budget is being executed under the theme, “Stimulate Economic Recovery and Build Resilience to Safeguard Livelihoods and Protect the Vulnerable.” During the budget planning process the COVID-19 pandemic took a heavy toll on economic activity that led the economy to contract by 3% in 2020. This is on the back of the economy having already being vulnerable to external shocks due to its structural weaknesses. Therefore, in line with aspirations to stimulate economic recovery, the 2021 National Budget set the growth target at 1.8%, underscoring a strong desire to crutch the economy to its recovery.
- Topic:
- Budget, Macroeconomics, Fiscal Policy, COVID-19, and Economic Recovery
- Political Geography:
- Africa and Zambia