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{
    "id": 91896,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/91896/?format=api",
    "text_counter": 266,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Mr. Temporary Deputy Speaker, Sir, as a guide towards the fulfilment of its mandate, the Ministry has set its vision as: “To be a world class institution in economic and financial management”. To realize this vision, the Ministry has set its mission as: “The creation of an enabling environment for accelerating a sustainable economic growth through pursuit of prudent economic, fiscal and monetary policies and co-ordination of Government financial operations”. To achieve this mission and vision, the Ministry would be pursuing the following strategic objectives:- To ensure low and stable interest rates, an inflation target of 5 per cent and stable exchange rates. To collect Government revenue when due through a fair and uniform application of the law. To improve mobilization and management of external resources and improve allocation of public financial resources. To manage public debt effectively and efficiently. To optimize cash management and effectively administer the Government’s financial system. To ensure proper management, control and accounting of public funds and to safeguard Government’s properties and assets. To also streamline and reduce escalation of Government expenditure on transport. To increase reliability, stability and soundness of the financial sector. To promote and sustain competition. To enhance institutional and human resource capacity for quality delivery of service and to create an enabling environment for private sector. To harmonize retirement benefits schemes and to increase pension coverage to 60 per cent of the labour force and increase insurance coverage to effectively manage Government enterprises and to promote participation of the private sector through public/private partnership arrangements and to institutionalize monitoring and evaluation."
}