UPND abolishes secondary school fees, allocates K25.7m to CDF, pins PAYE at K4,500

FINANCE Minister Dr Situmbeko Musokotwane says government will next year abolish the payment of tuition fees, Parent Teacher Association (PTA) fees and examination fees for all secondary school pupils in public schools. And Dr Musokotwane has announced the recruitment of 30,000 teachers and 11,200 health workers in 2022 alone. Meanwhile, Dr Musokotwane has announced an increase on the Pay As You Earn (PAYE) exemption threshold to K4,500 from K4,000. Dr Musokotwane also announced an increase in the Constituency Development Fund from K1.6 million to K25.7 million for each constituency. Delivering his maiden budget speech, Friday, Dr Musokotwane announced a K173 billion budget, K100.7 billion of which is expected to be financed through revenues and grants. Dr Musokotwane said the K72.3...