Zambia 2025 National Budget

Ambitious but Constrained: A “Climate Changed” Budget?

Overview

PwC Zambia's 2025 National Budget FAQs

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.

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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

 

Contact us

Andrew Chibuye

Andrew Chibuye

Country Senior Partner, PwC Zambia

Tel: +260 (0) 211 334 000

Malcolm  Jhala

Malcolm Jhala

Partner | Tax Services, PwC Zambia

Tel: +260 (0) 21 133 4000

George Chitwa

George Chitwa

Partner | Tax Leader, PwC Zambia

Tel: +260 (0) 211 334 000

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