MANICAPOST

Guvamatanga hints on budget priorities

Ray Bande
Senior Reporter
THE 2027 National Budget will be guided by the National Development Strategy 2 (NDS2) priorities aimed at accelerating the country’s momentum towards achieving the long-term developmental objectives, as articulated in Vision 2030, while responding to current economic realities, Permanent Secretary in the Ministry of Finance, Mr George Guvamatanga, has said.
The 2027 national budget is scheduled to be presented to Parliament by Finance Minister, Professor Mthuli Ncube, on November 19.
Nationwide public and stakeholder consultations were held across various communities from October 5 to 9.
In his presentation during the ongoing Office of the President and Cabinet in Mutare, Mr Guvamatanga, said: “The focus will be on consolidating: Macro-Economic Stability and Financial Sector Deepening; Inclusive Economic Growth and Structural Transformation; Infrastructural Development and Housing; Agriculture, Food Security, Climate and Environmental; Science, Technology, Digitalisation, Innovation and Human Capital Development; Job Creation, Youth Entrepreneurship and Development, Creative Industry and Culture; Regional Development and Inclusivity through Devolution and Decentralisation; Social Development, Gender and Social Protection; Image Building, International Relations and Trade; and Good Governance, Institution Building, Peace and Security.”
Mr Guvamatanga said these priorities reflect Government’s commitment to inclusive, resilient and sustainable growth, notwithstanding the evolving global and domestic challenges.