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.

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

More: The Standard


Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, click here to enter your query.

News On WhatsApp

Tap to join WhatsApp Group (no discussions)
https://chat.whatsapp.com/HGfWRxWPmAu2PaygH4oleJ

If you find the group full, please see the WhatsApp page to let us know.

Comments

Back to top

Write a Comment

Your email address will not be published.