Cash woes choke Govt ministries
Herald Reporter
A SPECIAL Cabinet meeting on investment and utilisation of public finances is being convened today against the backdrop of yawning gaps between the national budget and actual outturns.
This follows reports that for almost four months now, ministries have gone on zero disbursement from Treasury, except for salaries and running costs.
The development has raised questions on the reality of the budget presented by Finance Minister Tendai Biti for this year.
Deputy Prime Minister Arthur Mutambara yesterday told the House of Assembly that today’s special Cabinet meeting will discuss the depressed revenue inflows, among other issues.
Instead of disbursing 25 percent of budget allocations to ministries in the first quarter of the year, Prof Mutambara said, most Government departments only got 7 percent.
He was responding to a question from Mutasa North legislator Mr David Chimhini (MDC-T) on the status of Government revenues in light of low disbursements to ministries.
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