Government advised to revise the PAYE threshold in the 2016 national budget.

Government has been urged to revise the PAYE, Pay As You Earn threshold in the 2016 National Budget.
Civil Society for Poverty Reduction CSPR says that the PAYE should be revised from 3,000 to 4,400 Kwacha.
CSPR Civic Participation and Advocacy Programme Officer, Maxson Nkhoma says that this will lead to increase in disposal income for people to have the purchasing power for goods and services.
In a statement availed to Breeze News, Mr. Nkhoma further says that the move will enable lowly paid workers meet the food basket of a family of six.
And CSPR has called for balancing of the 2016 national budget if the country is to address the current and future social and economic challenges.
Mr. Nkhoma says that it is anticipated that the 2016 national budget will seek to respond and address the current economic shocks caused by the falling copper prices on the international market, power deficit and the volatility of the kwacha.
He says that government should also ensure that the budget guards against the temptation and pressure of financing only short term challenges, and look at the long term measures if the country is to maintain a predictable economic growth while maintaining fiscal discipline.
Mr. Nkhoma says CSPR is expectant that the 2016 national budget will ensure increased domestic revenue to sustainably finance poverty reduction programmes and promote national development.
Finance Minister, Alexander Chikwanda is later this month expected to announce the national budget for 2016.

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