Gershom Pasi’s ZIMRA miracle


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Zimbabwe Revenue Authority has exceeded its revenue target for the first quarter of this year and the commissioner-general Gershom Pasi said this was a miracle. “We have exceeded our quarterly target for January, February and March by two percent and for us it is a miracle given the state of the economy,” Pasi told a Parliamentary committee today but did not disclose any figures according to the Chinese news agency Xinhua. In the last quarter up to December 2013, ZIMRA missed its target by 18 percent after collecting US$877.6 million against a target of US$1.1 billion. It missed its target for 2013 by six percent collecting US$3.43 billion instead of US$3.64 billion. The government is currently experiencing a liquidity crunch and did not pay civil servants on time last month.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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