NEW: ‘Budget proposals not final’

05 Dec, 2023 - 13:12 0 Views
NEW: ‘Budget proposals not final’ Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, presented the National Budget proposals last week

The ManicaPost

 

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.

 

 

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