MUHABI LUNGU QUESTIONS GOVERNMENT’S ECONOMIC DIRECTION IN 2027 BUDGET
CFM News | November 9, 2026
2027 BUDGET A MISSED OPPORTUNITY – MUHABI LUNGU
Acting Tonse-Pamodzi Alliance Secretary General Muhabi Lungu has described the 2027 National Budget as a missed opportunity, raising concerns over the government’s economic priorities, proposed agricultural reforms and plans to grow the economy.
In his preliminary assessment of the K284.8 billion budget, presented by Finance Minister Dr Situmbeko Musokotwane, Mr Lungu questions why Government did not introduce a windfall tax on mining companies despite record copper prices. He also wants clearer explanations on the Grow Zambia Agenda, the 4.9 percent economic growth target and the possibility of rising inflation.
He has further expressed concern over the planned transition of the Farmer Input Support Programme (FISP) from a subsidy-based programme to an agricultural loan scheme, warning that the change could place additional pressure on small-scale farmers if their concerns are not adequately addressed.
Mr Lungu has also called for greater transparency in public debt management, questioned the proposed K5 billion small-business guarantee scheme and raised concerns about the education allocation and the consistency of the government’s export-led growth strategy.
He says the budget should face serious public scrutiny rather than being judged only by positive reactions. Mr Lungu, however, clarified that the Tonse-Pamodzi Alliance has not yet adopted a consolidated position on the budget, describing his observations as preliminary individual views. He says further comments on the budget’s spending and revenue measures will follow.
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