EAZ COMMENDS ZRA FOR SURPASSING REVENUE COLLECTION TARGET IN 2024

The Economics Association of Zambia (EAZ) has commended the Zambia Revenue Authority (ZRA) for its performance in revenue collection in 2024.

This follows ZRA’s recent announcement of a net collection of K130.9 billion, surpassing the Parliamentary target of K125.3 billion by K5.6 billion.

EAZ President, Oswald Mungule, says the 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 also demonstrates ZRA’s dedication to fairness and accountability, fostering taxpayer confidence and compliance,” said Mr. Mungule in a statement issued to RCV News in Lusaka today.

He said that EAZ will continue to support for collaborative efforts aimed at enhancing fiscal policy frameworks, promoting economic diversification, and increasing Zambia’s competitiveness.

Angel Kasabo