Bulawayo to host 2025 National Pre-Budget Conference

PARLIAMENTARIANS will meet in Bulawayo for a six-day 2025 Pre-Budget seminar from November 5 to 10.

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube and Reserve Bank of Zimbabwe Governor, Dr John Mushayavanhu, are expected to use the high-level forum to share critical insights on the fiscal and monetary policy measures being implemented to stabilise the economy.

During the event, economic experts, Government ministers and Parliamentary committee heads will table their inputs as well as make recommendations.

The seminar will also debate public inputs following recent countrywide consultative meetings on the budget.

The consultative process fulfils Section 28 (5) of the Public Finance Management Act meant to assist the Government in crafting strong fiscal policy interventions.

Speaker of Parliament, Advocate Jacob Mudenda, announced the meeting and advised legislators to confirm their attendance ahead of time.

“All Honourable Members are kindly requested to confirm their attendance with the public relations department officers from Wednesday, 9 October to Thursday, 17 October 2024,” he said.

Last month, the Ministry of Finance, Economic Development and Investment Promotion called for public inputs to the 2025 National Budget.

Treasury has already released the 2025 Budget Strategy Paper, which outlines the Government’s financial goals, objectives and strategies for achieving them.

The strategy paper provides a framework for making budget decisions and ensures that everyone involved in the budget process is working towards the same objectives.

The paper is meant to enhance understanding of Government policies and programmes regarding the distribution of national resources.

The Government committed to broadening stakeholder participation in budget formulation in order to build public trust in the budget.