Finance Minister Mthuli Ncube announces that Zimbabwe will not receive a supplementary budget in the latest Mid-Term Budget Review. Presenting the review, he says Treasury has sufficient fiscal space to continue funding existing government programmes through the end of the year, removing the need for additional appropriations at this stage. The review is delivered under the theme “Enhancing Drivers of Economic Growth and Transformation Towards Vision 2030.” Both outlets report that Ncube’s decision is tied to the assessment of available funding capacity within the current fiscal framework. As a result, the government does not plan to add new budget provisions through a supplementary budget during this review cycle. The reports do not provide further detail on which specific programmes are covered by the available fiscal space or how the conclusion is reached, but they agree on the central point: Treasury’s resources are expected to be adequate to maintain planned spending until year-end without supplementary funding.
Ncube says no supplementary budget will be allocated in mid-term review
Finance Minister Mthuli Ncube announces that Zimbabwe will not receive a supplementary budget in the latest Mid-Term Budget Review. Presenting the review, he says Treasury has sufficient fiscal space...
- Finance Minister Mthuli Ncube says no supplementary budget will be allocated in the latest Mid-Term Budget Review.
- Ncube states Treasury has enough fiscal space to fund programmes through the end of the year.
- The review is presented under the theme about economic growth and transformation toward Vision 2030.
- Both sources agree on the decision and the rationale based on available funding capacity.
[New Zimbabwe] Finance Minister Mthuli Ncube on Thursday announced that no supplementary budget would be allocated in the latest Mid-Term Budget Review, stating that Treasury has enough fiscal space to carry out programs through the end of the year.
2 hours agoFinance Minister Mthuli Ncube on Thursday announced that no supplementary budget would be allocated in the latest Mid-Term Budget Review, stating that Treasury has enough fiscal space to carry out programs through the end of the year. Presenting the review under the theme, “Enhancing Drivers of Economic Growth and Transformation Towards Vision 2030,” Ncube highlighted […] The post Ncube declines to allocate supplementary budget in latest review appeared first on NewZimbabwe.com.
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