Government spending a nightmare


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Finance Minister Tendai Biti today said that the government was on target to raise $2.7 billion in revenues but was struggling to put brakes on spending. “It is the expenditure side that is a nightmare. There is need for a paradigm shift,” he said. The government is expected to run a budget deficit of $700 million this year.

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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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