2021 Budget Highlights Zimbabwe
2021 budget highlights newsday news budget size 421 6 billion.
2021 budget highlights zimbabwe. Economy expected to rebound by 7 4 in 2021 from a consecutive 2 year downturn. Ultimately the 2021 national budget must provide the basis to make the economy more sustainable resilient diverse and innovative. 2021 national budget highlights 7 fiscal policy inclusive growth strategy will be anchored on the devolution policy thrust while macro stability will be consolidated through strengthening fiscal and monetary positions.
Revenue collection projections 390 8 billion. Click the button below to download the 2021 national budget highlights pdf. Ncube is projecting a 7 4 overall gdp growth with year on year inflation by the end of 2021 reaching 9.
We were established in 1990. Chitambara is a development economics scholar. Year on year inflation is projected to reach 9 by the end of 2021.
Instead the government piled more taxes on its already over taxed citizens. The 2021 budget presented by finance minister mthuli ncube last week missed a golden opportunity to stimulate various productive sectors of the economy. Click the button below to download the 2021 national budget statement pdf full version.
On november 26 2020. These weekly new perspectives articles are co ordinated by lovemore kadenge immediate past president of the zimbabwe economics society. Tinashe kairiza a week before the budget announcement ncube presented a precursor to it an economic blueprint dubbed the national development.
As such the 2021 budget has an expenditure ceiling of 421 6 billion he said. Year on year inflation is projected to reach 9 by the end of 2021. In recognition of the importance of peace the security sector has to be adequately supported and hence the 2021 budget has made provision for essential requirements of security services such as training accommodation mobility equipment uniforms medical facilities and other welfare essentials.