EAZ COMMENDS ZRA FOR RECORD REVENUE COLLECTION PERFORMANCE IN 2024
Date: January 2, 2025
The Economics Association of Zambia (EAZ) proudly commends the Zambia Revenue Authority (ZRA) for its exceptional performance in revenue collection during 2024.
This follows ZRA’s recent announcement of a net collection of K130.9 billion, surpassing the Parliamentary target of K125.3 billion by an impressive K5.6 billion.
This remarkable achievement underscores ZRA’s strategic focus, operational efficiency, and commitment to fostering a transparent and effective tax administration system.
The K17.6 billion paid out as refunds demonstrates ZRA’s dedication to fairness and accountability, fostering taxpayer confidence and compliance.
As a key partner in Zambia’s economic development, the EAZ recognizes ZRA’s pivotal role
in advancing fiscal sustainability.
The leadership of the Commissioner General, the Board,
Management, and staff at ZRA deserves commendation for their tireless efforts in driving revenue mobilization, which directly supports Zambia’s economic transformation agenda.
The EAZ views this achievement as a cornerstone for addressing some of the country’s critical
economic challenges, including debt sustainability and financing essential government programs.
ZRA’s stellar performance in 2024 is a model of resilience and adaptability, setting a high benchmark for public sector efficiency.
Looking ahead, the EAZ pledges its continued support for collaborative efforts aimed at enhancing fiscal policy frameworks, promoting economic diversification, and increasing
Zambia’s competitiveness.
As ZRA targets an ambitious net collection of K155.7 billion for
2025, the EAZ stands ready to contribute to this shared vision of economic growth and sustainability.
We congratulate ZRA on this extraordinary performance and encourage continued innovation
and partnerships to ensure a robust and inclusive economic future for Zambia.
Issued by:
Dr. Oswald Mungule
President
Economics Association of Zambia (EAZ)
Ba Mungole very good. But we as citizens want more. ZRA needs to be more creative and innovative to broaden the tax base. The burden of paying taxes falls on a few people.
Making our national budget dependent of foriegn donor support dependent and debt dependent making us very vulnerable.
That’s why UPND government under HH remains the best government to run this country. In the previous administration, meeting the target was a very high mountain to climb and in most cases the little that could be collected was either stolen, misapplied or misappropriated. Under PF, air turned into a good and it was being supplied and paid for.