Biti in a fix

Finance minister Tendai Biti faces a herculean task of addressing the growing distress among the country’s civil servants and the stuttering economic recovery on the back of dwindling revenue inflows into Treasury.

Biti, who is next Wednesday expected to present his mid-term fiscal policy review, has to contend with failure to realise budget revenue targets set in November last year, attributed to the under-performance of the revenue from diamonds.

As a result, he has already indicated he would revise downwards the 2012 National Budget targets.

This story is for NewsDay subscribers.