K4.3 billion was spent on govt programmes in December 2018

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The treasury released a total sum of K4.3 billion, at the month end of December 2018 to finance government programmes in various ministries, provinces and other controlling bodies. Minister of Finance Margaret Mwanakatwe says the K4.3 billion was meant for capital programmes, agriculture development, public welfare, debt service, and general public service delivery operations. Ms. Mwanakatwe notes that out of the K4.3 billion a total funding of K1.5 billion was allocated to service both domestic and external debt while K437 million was spent on financing grant-aided-operations.

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