Economist tips govt on financial prudence

Economist, Professor Betchani Tchereni has urged government to prudently utilize the budgetary support the World Bank has committed to the country.

Professor Tchereni made the remarks after President Chakwera’s return from United States of America where he attended the US Africa Leaders’s summit, which also saw the World Bank committing to resume the budgetary support with over K51 billion.

Speaking to YFM, Tchereni said government should ensure that the support is channeled to the right sectors to enhance socio-economic development.

“Government should not divert the resources to other areas but rather channel them to specific and targeted sectors,” Tchereni said.


Leave a Reply

Your email address will not be published. Required fields are marked *