How Chinamasa intends to reform Zimbabwe in 2017


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patrick-chinamasa-on-budget-day

Finance Minister Patrick Chinamasa yesterday unveiled a $4.1 billion budget whose theme is: Pushing production frontiers to potential levels across all sectors of the economy.

He said the main challenge would be taking the lead in “walking the talk”.

Here is how he intended to deal with the challenge.

The major challenge for the 2017 National Budget is, therefore, taking the lead in ‘walking the talk’ with regards to implementing critical reforms to:

  • re-orient fiscal resources towards Zim Asset developmental programmes;
  • strengthen interventions to stimulate production and supply across the various sectors;
  • finalise the outstanding components of the re-engagement process with international financial institutions;
  • entrench structural reforms to improve the domestic business and investment environment, vital for restoration of confidence, lowering the ease and cost of doing business and product competitiveness; and
  •  support implementation of poverty reduction programmes and projects highlighted in the IPRSP.

Accordingly, consistent with the above objectives, the 2017 National Budget is centred on the theme “Pushing Production Frontiers to Potential Levels Across all Sectors of the Economy”.

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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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