Advertisements
Home » Inflation hobbles Mthuli’s Budget

Inflation hobbles Mthuli’s Budget

0 comments

THE country’s mounting economic woes mean that the minister of Finance, Mthuli Ncube, will be compelled to come up with a significant supplementary budget soon, experts say.
Speaking to The Financial Gazette this week, the experts were also doubtful that the under pressure Treasury boss would be able to stabilise Zimbabwe’s bleeding economy in the short to medium term.
At the same time, the experts also warned against “ill-advised and reactionary fiscal measures” to deal with the country’s escalating economic crisis, which they said would cause more harm than good.
Ncube’s total 2023 budget amounted to $4,5 trillion, with government ministries and independent commissions being allocated $3,7 trillion of that money.

Advertisements

Finance Minister, Mthuli Ncube

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.
Advertisements

Related Posts

Leave a Comment

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More