Poverty reduction supported

from The ZNBC

Zambian and the European Union have signed the second poverty reductiobn budget support programme agreement amounting to Euro62 million.

The programme will help improve health and education which are critical in attaining the millenium development goals.

Finance Minister, Ngandu Magande said the poverty reduction budget will support the implementation of the Fifth Nastional Development Plan.

Mr. Magande said this will be done through budget support that will be transferred into the national treasury and allocated to needy areas.

EU delegation leader, Derek Fee stressed the need for government to raise domestic revenue from local taxes.

He said a self sufficient state will be achieved mainly by providing the enabling conditions for the private sector to thrive.