NEW: ‘Budget proposals not final’

 

Post Reporter

THE Ministry of Information, Publicity and Broadcasting Services would like to inform the people of Zimbabwe that the 2024 National Budget proposals presented last week by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, are still going through Parliamentary processes.

Parliament has set up committees to take into account the genuine concerns of the people of Zimbabwe as well as the civic and business communities.

In a statement, the ministry said: “The budget process goes through the various stages against the background of estimated expenditure and expected income estimates. The setting up of committees makes the budget process purely a stakeholder-driven approach and involves debates in the National Assembly and Senate.

 

“The budget proposals are guided by the National Development Strategy (NDS1) and the people of Zimbabwe.

The expected revenue inflows, the estimated expenditure priorities and the Constitution of Zimbabwe are the bedrock upon which the national budget is formulated.

“The rights and freedoms of the people of Zimbabwe will not be violated by the budget-making process.

 

“Currently as a Government, we are committed to the stakeholder-driven approach to national budget formulation in order to improve the standards of living for the people of Zimbabwe,” reads the statement.

 

 

Related Posts

Powering Progress: Nyanga Renewable Energy Transforms Ward 20

Post Reporter A NEW chapter of sustainable rural development is unfolding in Nyanga’s Ward 20 following the continued investment by Nyanga Renewable Energy, whose transformative initiatives are improving lives through…

Gem Boys ease relegation woes

Ray Bande Senior Reporter MUTARE Castle Lager Premiership side Manica Diamonds heaved a huge sigh of relief in their fight against relegation when they edged Triangle United by a solitary…

Leave a Reply

Your email address will not be published. Required fields are marked *

×