He, however, said the economy is expected to shrink from 5.5% this year to 3.5% next year.
Inflation is projected to end the year at 20% and then fall to between 10% and 20% in 2024.
Revenue is expected to total $53.9 trillion leaving a deficit of $4.3 trillion.
Below is the minister’s budget statement read in Parliament today:
(627 VIEWS)
This post was last modified on November 30, 2023 6:21 pm
A friend who knows about my legal battle with Zimbabwe’s richest man, Strive Masiyiwa, way…
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…