Zambia targets 82% domestic financing for 2026 budget, says Treasury Secretary
ZAMBIA expects 82% of resources supporting the 2026 National Budget to be mobilized domestically through tax and non-tax revenue, up from 55.2% in 2021, Secretary to the Treasury Felix Nkulukusa has said. Nkulukusa said the increase reflects Zambia’s shift from reliance on borrowing and external financing toward stronger domestic resource mobilization. The projected rise of