GOVERNMENT has approved a wide range of policy and legislative measures aimed at strengthening national development, governance, and economic transformation following the 6th Cabinet Meeting held at State House on April 13, 2026.

The meeting, chaired by President Hakainde Hichilema, focused on key reforms intended to enhance institutional efficiency, promote private sector participation, and safeguard Zambia’s historical and developmental interests.

Minister of Information and Media, Cornelius Mweetwa, who is also chief government spokesperson, disclosed the decisions in a press statement issued to ZANIS in Lusaka today.

Mr Mweetwa said among the major resolutions was the approval for the establishment of a new Development Finance Institution (DFI) to provide medium, and long term financing for developmental projects aligned to the National Development Plans.

“The new Development Finance Institution will play a pivotal role in mobilising long-term capital for critical sectors of the economy and ensure enhanced corporate governance through private sector involvement,” he said.

The government spokesperson highlighted the approval of the declaration of the historic Samu Lya Moomba site in Monze District as a National Monument in order to preserve its cultural and political significance by cabinet.

He further disclosed that on legislative matters, Cabinet approved several Bills for introduction in Parliament, including the Electoral Process (Amendment) Bill, 2026, aimed at enhancing transparency and integrity in the electoral system.