Economics

Zambia’s $515 Million Mystery Revenue Raises Budget Questions

  • ‘Exceptional revenue’ accounts for almost 10% of total income
  • Unknown source of funds raises concerns about spending plans
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Zambian Finance Minister Bwalya Ng’andu plans to obtain almost 10% of the southern African nation’s total income next year from undisclosed sources, raising concerns about the accuracy and sustainability of government spending plans for 2020.