He said this when he presented his 2022 budget strategy paper on Thursday. The paper, he said, was meant to guide debate about the budget when legislators hold consultations in their constituencies and when they meet as Parliament later in the year.
The priority areas for the forthcoming year 2022 were therefore:
Ncube said the domestic economy was targeted to grow by 5.4% in 2022, anchored on growth in sectors such as mining, manufacturing and electricity generation.
Government revenues were projected to improve from 16.4% (Z$390.8 billion) of GDP in 2021 to 17.8% (Z$533.2 billion), in 2022.
Expenditures were expected to increase from 18.2% (Z$421.6 billion) of GDP in 2021 to 19.4% (Z$579.1 billion) in 2022, in line with the desired sustainable budget deficit of 1.5%.
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This post was last modified on August 1, 2021 11:24 am
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Vankube ( murungu haagoni kuti ncube)....murikuwanza inflation. Murimunzira yakafamba va Gono. Madii kuchinja hurumende kuti zvigofamba....ndinowona kuti vanhu vanopinda muhurumende vanopindira mari kovanodii kuyitira mabhizimusi avo kunze - ndoozvinoreva private sector , hapana anobvunza kuti vaTorwireyi varikuiteyi , kunze kana vachizvibatsira nezvisirizvavo.