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2024 budget will be pro-poor: Treasury

NewsDay Staff ·

2024 budget will be pro-poor: Treasury

FINANCE, Economic Development and Investment Promotion deputy minister David Mnangagwa says the 2024 national budget figures are being “finalised and refined,” as the depreciating local currency continues to deplete Treasury coffers.

During pre-budget meetings, Finance minister Mthuli Ncube revealed that total bids for the 2024 national budget from government ministries, departments and agencies were ZWL$110 trillion.

However, Ncube indicated that Treasury could only afford a ZWL$47,8 trillion budget, 57% less than what ministries, departments and agencies require.

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