Finance Minister Mthuli Ncube said Government has resolved to reduce the number of Foreign Missions.
Ncube said this is an austerity measure meant to avoid the accumulation of arrears and evictions of diplomats. He said Zimbabwe’s diplomatic presence is currently imposing annual budgetary support levels of around US$65 million. Ncube said this is $15 million above the 2018 Budget capacity. Said Ncube:
Currently, Zimbabwe has diplomatic presence at 46 Embassies and Consulates, staffed by around 581 home based and locally recruited staff. The above diplomatic presence is currently imposing annual budgetary support levels of around US$65 million, which is above available 2018 Budget capacity of US$50 million. Government has resolved to reduce the number of Foreign Missions, thereby optimising the utility value realised from the remaining missions as well as avoiding accumulation of arrears and embarrassing evictions of our diplomats.
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Professor Mthuli Ncube is the Minister of Finance and Economic Development.He was the Chief Economist and Vice President of the African Development Bank ,financial, economics, investment, and public policy expert, entrepreneur and academic. Professor Ncube divides his time between the private sector in Switzerland and... Read More About Mthuli Ncube