Zambia: Proper Accountability of Public Assets, Resources Critical
In Lusaka, Zambia, the importance of proper accountability of public resources and assets has been highlighted as critical to national development.
"We want to see a country that accounts for everything in order to be at par with what requires replacement, use, or disposal,"
Brian Sichande, Muchinga Province Deputy Permanent Secretary, emphasized the need for inspection, verification, and value determination of assets by the Ministry of Finance and National Planning. This process is seen as the backbone of the country's economic development, enabling effective management of public resources and assets.
Mr. Vincent Banda, Assistant Director Stock Verification, visited Mr. Sichande to discuss the transition of assets, marking the start of the Ministry of Finance's support for a smooth handover.
Author's summary: Zambia prioritizes public asset accountability.