Secretary to Treasury

Secretary to Treasury (1) There shall be a Secretary to the Treasury who shall be appointed by the President, in consultation with the Civil Service Commission, subject to ratification by the National Assembly. By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 76 Constitution of Zambia Act, 1991 (Chapter 1) Zambia (2) The Secretary to the Treasury shall be the chief controlling officer of the Government. (3) The Secretary to the Treasury shall— (a) be responsible and accountable for— (i) the proper financial management and expenditure of public monies appropriated to a State organ, Province, local authority, State institution or other prescribed body; and (ii) monies raised from sources within or outside Zambia by a Province, local authority, State institution or other prescribed body; (b) oversee the formulation and implementation of the macroeconomic frameworks and socio- economic plans of the Republic; (c) provide a regulatory framework for sound financial management; (d) cause to be prepared annual estimates of revenue and expenditure, supplementary estimates of expenditure and the budget; and (e) carry out other prescribed functions. (4) A person qualifies to be appointed as Secretary to the Treasury if that person qualifies for appointment as Governor of the Bank of Zambia. (5) The term of office of the Secretary to the Treasury shall be five years, subject to renewal for further terms. (6) The Secretary to the Treasury may resign from office by three months’ notice, in writing, to the President.