Govt, Citi Bank partner to improve efficiency through world-link platform
Published On August 1, 2024 » 440 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE Government and Citi Bank Zambia have partnered to reduce the cost of funds disbursements to foreign missions across the world and improve efficiency through the world link platform.
Finance and National Planning Minister Situmbeko Musokotwane said that the implementation of world-link will transforms the way Government will manage funds disbursements to its 41 embassies and consulates.
Dr Musokotwane said this in a speech read for him by Accountant General Nsandi Manza in Lusaka yesterday.
“This is an important innovation that will allow the ministry to deliver payments to foreign missions with full value and end to end visibility over transactions,” he said.
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