Mthuli To Present Supplementary Budget Next Week

Finance and Economic Development Minister, Mthuli Ncube will on July 31, 2019, deliver the mid-year Fiscal Review and Supplementary Budget Statement.

This was revealed by Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa in Harare on Wednesday during a post-Cabinet media briefing. She said:

Cabinet considered a preliminary report by the Minister of Finance and Economic Development (Professor Mthuli Ncube) on the 2019 Mid-Year Fiscal Policy Review.

The Fiscal Policy Review confirmed the position that as a consequence of the reform measures being undertaken by Government, the country’s economy was now heading towards macro-economic stabilisation.

However, a more comprehensive presentation on the subject matter will be made to Parliament during the Minister’s Mid-Year Fiscal Review and Supplementary Budget Statement scheduled for 31st July 2019.

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Mutsvangwa told journalists that the government is concerned over the hardships the people of Zimbabwe are facing. She said that the government will reveal how it will tackle the issues in the Mid-Year Fiscal Review statement.

More: The Herald