Govt Sets Aside $600 Million To Cover 1 Million Vulnerable Households For The Next 3 Months

The government of Zimbabwe has set aside $600 Million to cushion 1 million vulnerable households through a cash transfer program for the next 3 months, The Herald reports.

This was revealed by the Finance Mister yesterday as he was announcing treasury’s plans to mitigate COVID-19. Professor Ncube said:

Vulnerable groups in our society are the most exposed under this Covid-19 crisis. Accordingly, Treasury has set aside resources to cover one million vulnerable households under a cash transfer programme and payment will commence immediately.

Treasury will initially be availing an amount of $200 million per month under a cash transfer programme over the next three months and both the amount and duration of payments will be reviewed as necessary. The Social Welfare Department will use its usual mechanisms to identify the beneficiaries
The minister also announced the decision to redirect the 2% tax to help fight the pandemic and unfroze 4000 posts and approved the recruitment of 4200 healthcare workers.
Click on this link to get the full list of the measures announced by Mthuli Ncube.

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