Twenty-sixth meeting decisions matrix

Twenty-sixth meeting decisions matrix: July 23, 2019

Report on the 2019 Fiscal Policy Review

Cabinet considered a preliminary report by the Minister of Finance and Economic Development on the 2019 Mid-Year Fiscal Policy Review.

The Fiscal Policy Review confirmed the position that as a consequence of the reform measures being undertaken by Government, the country’s economy was now heading towards macro-economic stabilisation.

However, a more comprehensive presentation on the subject matter will be made to Parliament during the minister’s mid-year Fiscal Review and Supplementary Budget Statement scheduled for July 31, 2019.

Fuel and Energy Supply Situation

Cabinet was briefed on the fuel and energy supply situation in the country by the Minster of Public Service, Labour and Social Welfare as the Acting Minister of Energy and Power Development.

The minister informed Cabinet that a total of 40 million litres of the combined fuel product is currently being pumped into the country.

On the power front, it was reported that the Minister of Energy and Power Development is currently in South Africa for electricity supply negotiations with ESKOM.

The nation will be apprised of the outcome of the negotiations at an appropriate time.

In the meantime, Cabinet resolved to set up an Inter-Ministerial Committee to work closely with the Minister of Energy and Power Development in order to facilitate a collective approach in the resolution of the prevailing power and energy supply challenges.

Report on the Sterling Performance by the Zimbabwe “GEMS”

Cabinet received with great satisfaction a brief by the Minister of Youth, Sport, Arts and Recreation on the sterling performance by the senior national netball team, the “GEMS”, at the just-ended Vitality World Cup in Liverpool, England.

The “GEMS” ,who finished at a credible 8th position out of 16 contestants, are arriving back home today.

Cabinet urges the whole nation to accord our high-flying netball team a befitting heroes’ welcome.

Brief on the visit by a Chinese Delegation from Zhezhiang Province of China from July 23-26, 2019

The Minister of Environment, Tourism and Hospitality Industry briefed Cabinet on the arrival that day of a high-powered delegation of 41 investors from Zhezhiang Province of China.

The delegation comprises senior Government officials as well as investors from 15 companies drawn from sectors such as energy, transport, communication and Information Communication Technology (ICT).

The visitors are coming on a mission to scout for investment opportunities and to sample the tourism packages available in the country.

While in the country. The visitors are expected to sign memoranda of understanding for twinning arrangements involving a Chinese province and its cities together with their Zimbabwean counterparts.

The visit will further cement the already existing strong friendship and cooperation between Zimbabwe and China.