M’membe Questions Gaps in 2026 Budget

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Socialist Party leader Dr. Fred M’membe challenged Zambia’s 2026 National Budget. He questioned the government’s commitment to accountability and efforts to stop financial leakages. M’membe cited reports showing that $3.5 billion is lost yearly through illicit mining and misinvoicing. He criticized weak safeguards in mining deals, tax breaks, and expired drug losses. He urged transparency in procurement, mining revenue, and debt management, warning that weak systems could undermine revenue and public services.