Mthuli Wants To Reduce Funding To Ministries That Fail To Account For Funds Given To Them By Treasury

The Finance Minister has proposed to reduce allocation to ministries that fail to account for funds disbursed to them by treasury in the national budget, the Standard reports.

Ncube said this while responded to questions raised by the National assembly:

In terms of budgeting in my previous job we used to cut back on budgets for departments that did not account in full on how they had used resources or badly used resources because we had a performance-based budgeting process. But in a sense, this is what we have migrated to.


Are you in Zimbabwe?
Read Pindula News without data on your phone on freedata.pindula.co.zw
 
Only Applicable to Econet lines

#FreeData

Auditor General Miriam Chiri’s audit exposed serious anomalies on how funds allocated to some ministries are used.

More: The Standard

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/CFvfaWamjD22osjqg0T1u3%20


Telegram Group: https://t.me/pindula

Back to top

Write a Comment

Your email address will not be published.


Share Full Post

Nyaradzo logo

RSS Recent Profiles Created

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.
Mthuli Wants To Reduce Funding To Ministries That Fail To Account For Funds Given To Them By Treasury