Ncube says economic stabilisation programme next month

FINANCE minister Mthuli Ncube will next month unveil a transitional economic stabilisation programme that will address fiscal and monetary reforms as well as an arrears clearance programme.

Zimbabwe is saddled with fiscal pressures as the public sector spending is chewing above 90% of the country’s revenue, leaving little for social and infrastructure development.

Ncube yesterday met outgoing British Ambassador to Zimbabwe, Catriona Laing, and outlined how the United Kingdom would assist in arrears clearance.

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