{"id":52208,"date":"2023-11-20T19:01:39","date_gmt":"2023-11-20T19:01:39","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2"},"modified":"2023-11-20T19:16:21","modified_gmt":"2023-11-20T19:16:21","slug":"cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2","title":{"rendered":"Cabinet Approves 2024 National Budget and Strategic Minerals Declaration"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>Cabinet has given its stamp of approval to the 2024 National Budget ahead of its presentation to Parliament, marking a significant step in the country\u2019s fiscal planning. The announcement was made as part of a series of decisions made during the latest Cabinet session on September 5th, underlining the government\u2019s commitment to economic development and strategic mineral management.<\/p>\n

Finance and National Planning Minister Situmbeko Musokotwane is set to present the 2024 National Budget to Parliament on September 29th, following Cabinet\u2019s endorsement. The budget is expected to outline the government\u2019s fiscal policies and priorities for the coming year.<\/p>\n

The budget preparation process adhered to the principles laid out in The Budget Policy Concept Paper on the 2024-2026 Medium Term Budget Plan, which received Cabinet approval in July 2023. This ensures that the budget aligns with the government\u2019s long-term economic goals and development strategies.<\/p>\n

In another significant development, Cabinet has declared critical minerals such as copper, cobalt, lithium, tin, graphite, coltan, manganese, rare earth elements, gold, Sugilite, emeralds, and diamonds as strategic minerals. This declaration is a strategic move aimed at accelerating Zambia\u2019s economic development.<\/p>\n

The strategic minerals declaration will pave the way for the formulation of a comprehensive strategy, involving both the government and the private sector. This strategy is expected to promote the sustainable exploitation of critical minerals, leading to job creation and substantial contributions to the national treasury, thus bolstering the country\u2019s overall development.<\/p>\n

Furthermore, the Cabinet has approved the establishment of Zambian embassies in the United Arab Emirates and Qatar. This decision aims to strengthen bilateral relations and foster economic and political cooperation in the Middle East, a region known for its significant oil production.<\/p>\n

Lastly, Zambia is set to host the 19th Comprehensive Africa Agriculture Development Programme Partnership Platform from November 1st to 3rd, 2023. This event underscores Zambia\u2019s commitment to agricultural development and its role in the broader African context. This information was conveyed in a statement issued by Chief Government Spokesperson Chushi Kasanda.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. Cabinet has given its stamp of approval to the 2024 National Budget ahead of its presentation to Parliament, marking a significant step in the country\u2019s fiscal planning. The announcement was made as part of a series of decisions made during the latest Cabinet session on September 5th, underlining the government\u2019s commitment to […]<\/p>\n","protected":false},"author":84,"featured_media":52207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[234,235,233],"class_list":["post-52208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nCabinet Approves 2024 National Budget and Strategic Minerals Declaration - Zambia<\/title>\n<meta name=\"description\" content=\"Cabinet has given its stamp of approval to the 2024 National Budget ahead of its presentation to Parliament, marking a s ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet Approves 2024 National Budget and Strategic Minerals Declaration\" \/>\n<meta property=\"og:description\" content=\"Cabinet has given its stamp of approval to the 2024 National Budget ahead of its presentation to Parliament, marking a s ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-20T19:01:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-20T19:16:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/11\/sm_1700494960.321567.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Cabinet Approves 2024 National Budget and Strategic Minerals Declaration\",\"datePublished\":\"2023-11-20T19:01:39+00:00\",\"dateModified\":\"2023-11-20T19:16:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\"},\"wordCount\":352,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2023\/11\/sm_1700494960.321567.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/cabinet-approves-2024-national-budget-and-strategic-minerals-declaration-2\",\"name\":\"Cabinet Approves 2024 National Budget and Strategic Minerals Declaration - 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