Uncategorized
Second-hand clothes banned
NewsDay Staff ·
Finance minister Patrick Chinamasa on Thursday announced several austerity measures, effective from Friday, meant to resuscitate the economy that include new levies and taxes on churches, imported groceries, fertiliser, and a ban on importation of secondhand clothes.
By Xolisani Ncube
Presenting his mid-term policy statement reviewing the 2015 National Budget in Parliament, Chinamasa also proposed plans to reduce government’s wage bill by 40% as Treasury struggles to pay civil servants owing to a reduced revenue base and uncontrolled expenditure.
The minister reviewed downwards the projected economic growth rate from 3,2% to 1,5%, a move he attributed to poor rainfall and poor performance of the manufacturing sector.
This story is for NewsDay subscribers.