Acting Finance Minister Patrick Chinamasa is set to present the 2018 National Budget on 7 December.
Former Finance Minister Dr Ignatius Chombo, had initially been scheduled to present the budget on Thursday last week before his arrest and subsequent appearance in court. The 2018 National Budget is largely expected to remain around $4 billion and is expected to give direction to President Mnangagwa’s policies outlined in his inauguration which are aimed at reviving the economy through boosting exports, creating jobs and attracting foreign investment. Said Mnangagwa:
The bottom line is an economy which is back on its feet and in which a variety of players make choices and fulfil roles without doubts, in an environment shorn of fickle policy shifts and unpredictability, Only that way can we recover this economy, create jobs for our youths and reduce poverty for all our people who must witness real, positive changes in their lives.