Categories: Stories

People’s version of the 2024 Zimbabwe mid-year budget review

Zimbabwe Finance Minister Mthuli Ncube presented his mid-year budget review on Thursday which, among other things, sought to promote the use of the country’s local currency the Zimbabwe Gold (ZiG).

He said that the country’s economy will grow by only 2% down 1.5% from the previously predicted 3.5% but it is expected to bounce back to 6 % next year, according to the International Monetary Fund..

Ncube produced a simplified people’s version of the mid-year budget review.

Here it is:

Continued next page

(273 VIEWS)

This post was last modified on July 27, 2024 9:06 am

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

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.

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024