PwC Zambia's 2025 National Budget
On 27 September 2024, Honourable Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, presented Zambia’s 2025 National Budget to the National Assembly. This budget comes at a critical time as Zambia faces severe climate change impacts, economic challenges, and ambitious growth targets amidst resource constraints. The country is dealing with a severe drought affecting its hydroelectric power-dependent energy sector, leading to a significant reduction in agricultural output and electricity generation. Additionally, Zambia is recovering from a sovereign debt default in 2020, the Covid-19 pandemic, a mining sector slump, and geopolitical conflicts.
PwC Zambia's PwC Zambia's 2025 National Budget FAQs
The 2025 National Budget reflects the government’s commitment to navigating challenging times with ambitious goals for growth and resilience, balancing immediate crisis management with long-term strategic planning.
Through these FAQs, we aim to answer some of the most pertinent questions arising from the budget and understand its potential to drive transformation and growth in a challenging economic landscape.
