Budget Should Support Regional Trade – COMESA

The Common Market for Eastern and Southern Africa (COMESA) says it expects Zambia’s 2022 national budget to support regional trade.

COMESA Secretary General Chileshe Kapwepwe says it is important for government to use next year’s national budget to enhance local production of goods.

Ms. Kapwepwe speaking in an interview with ZANIS in Kasama on Tuesday, said this will create an opportunity for market access and export among local manufacturers.

She also urged local companies to take advantage of the removal of tariffs in the region to export their goods to COMESA countries.

Ms. Kapwepwe said it is the expectation of COMESA to see the new dawn administration support Small and Medium Enterprises to be more productive.

She praised the creation of the Ministry of Small and Medium Enterprises, stating that it is a move in the right direction.

Minister of Finance Situmbeko Musokotwane is this Friday, October 29, 2021, expected to present the 2022 national budget to Parliament.