K5.7bn released for Govt projects, operations
Published On May 14, 2018 » 3306 Views» By Evans Musenya Manda » Latest News, Stories
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THE Treasury has released K5.77 billion in April this year to finance development programmes and Government operations.
Out of the amount, K2.14 billion has gone towards capital and other key developmental programmes, while K1.60 billion was released for debt service, K816.6 million for support to grant-aided-institutions, and K2.19 billion for personal emoluments.
The Public Service Pensions Fund received K91.76 million for retiree pension benefits, K24 million was released to settle salary arrears for TAZARA employees while the Social Cash Transfer Programme got K45.8 million.
The Farmer Input Support Programme (FISP) was allocated K245.4 million to settle payments to various creditors for supplies of fertilizer for the 2017/18 farming season while the Food Reserve Agency was given K20 million.
This is according to a statement issued yesterday ministry of Finance Head of Public Relations Chileshe Kandeta. Read more

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