Bloomberg News

Zambian Budget May Be Delayed Following Last Week’s Election

September 30, 2011

Sept. 30 (Bloomberg) -- Zambia’s budget speech will probably be delayed from next month after the change of government in last week’s election, said Given Lubinda, the information minister.

A budget can, by law, be postponed to as much as three months after an election, Lubinda said by phone today from Lusaka, the capital. It should be presented by Dec. 20, he said.

Michael Sata defeated incumbent president, Rupiah Banda, in a Sept. 20 vote.

To contact the reporter on this story: Anthony Mukwita at amukwita1@bloomberg.net

To contact the editor responsible for this story: Gordon Bell at gbell16@bloomberg.net


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