Zambia's budget deficit is projected at 9.8% of GDP this year and not more than 7.7% in 2023, finance minister Situmbeko Musokotwane said on Friday, as he presented the southern African nation's 2023 ...

LUSAKA, Sept 30 (Reuters) - Zambia will have a wider budget deficit this year than previously projected while economic growth is seen slowing compared to last year, Finance Minister Situmbeko ...

Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties, Finance Minister Situmbeko Musokotwane said. The spending shortfall will shrink to 7.7% ...

LUSAKA, July 16 (Reuters) - The Zambian economy is expected to grow by just 2.7% in 2023 from 4.7% in 2022, as contractions in mining and energy drag on growth, a budget plan released by the ministry ...

Zambia plans to cut its budget deficit to the lowest level since 2011, a rare move in an election year. The budget shortfall is expected to narrow to 2.1% of gross domestic product in 2026 from a ...